Spike's Scientific Stock Analysis

[spikefader]

SVSE === Just wondering if one of you fine gentlemen would show a chart of SVSE and add the 1 thru 5 & the ABC lines so we can take a closer look at this. This one has a lot of ups & downs here lately. Thanks in advance ===> M.E.A.

Here ya go. SVSE is a good chart for highlighting entry and exit using both channels and fibs independantly.
As far as the immediate future, the tealeaves I'm reading are that we should look for an ABC correction, and to buy into the C completion. This may or may not correspond to a lower channel touch. $1.00 looks like the best support, so I'd be anticipating that's where C finishes its move before another hike up. The recent volume sure paints that as possible.

[spikefader]

What is your method for determining a 50% retrace?

Well, to draw it, I use the fib tool on the annotated stockchart.
As far as calculating which low to take as the start of the move, I'll look for the nearest significant low on the chart - and try to put it at the commencement of an impulse or a series of waves. No strict rule - just what looks good to my eye.

[spikefader]

Greetings Spike,I thought Id give a shout as far as retraces of older picks.

So far FLIR was classic,as it went to 50.73 in mid oct.,now approaching 60.

Right now HDWR is coming off a retrace from the high down to 27.62,creeping above 28 now.Could this be a candidate?

Ill keep checking ,UCI also looks promising.

cordially Tom

Yes, FLIR is a good example for the 50% entry. There's 3 that I see would have worked nicely. The more I look at them, the more encouraged I am that they work nicely for Mr.Market's picks.
HDWR is indeed a candidate at current levels. 29.03 is what I'm seeing. Forget whether HDWR is one of Mr.M's open trades or not....

If it is......therefore, strong buy recommendation right here at 29.05!

[spikefader]

SIRI - watching for C completion. Intraday will attempt long at 7.15 if it comes back there - almost there now.

ATTENTION: This could be the perfect entry!!!! And if it ain't I'll close it and get back in the hunt

[lee_mre]

Arlp

Spike,

I'm interested on your take in arlp. I'm taking a stab at waves, it looked clear to me until the latest stumble.

Your keen insight would be much appreciated.

[spikefader]

Spike,

I'm interested on your take in arlp. I'm taking a stab at waves, it looked clear to me until the latest stumble.

Your keen insight would be much appreciated.

ARLP: This chart here shows the good 50% entry that has you smiling.
Here's my best shot at the count.

[spikefader]

Long 7.15. Go SIRI!!!!! Who's on the bus!!!????

[spikefader]

The reaction looks promising. But many a slip between cup and the lip, so I'll remain quietly confident

[spikefader]

Spike,
Any thoughts on the current down Trend in OMM. I shorted and 20.10. Seems like the down trend is still intact.

Yep, short is the edge.

[MEA_1956]

Thanks Spike. for SVSE

[spikefader]

WITS: channel long today.

[Websman]

Long 7.15. Go SIRI!!!!! Who's on the bus!!!????

On the bus??? Heck, I'm driving the bus!!! Fasten your seat belts!

[Runner]

Spike, I must not have my quote tracker set right. My chart does not show the double bottom. I use Medved charting, what settings do you have on your 5 min charts?

[Thomrich]

Greetings Spike,
Would you mind looking at BLT and give me an opinion?

Runner posted it on his thread,it has retraced almost Exactly 50% from recent high.
Increasing volume along with price ,am I seeing good candidates?

So far I like HDWR,BLT,and FLIR,although a little late to the party on that one.

cordially Tom

[spikefader]

On the bus??? Heck, I'm driving the bus!!! Fasten your seat belts!

LOL OK. Mr. Bus Driver, pedal to the metal.