Spike's Scientific Stock Analysis

[spikefader]

Re QQQQ long. Exited this morning for breat even. Now looking for short entry at 38.44 (R1).

[spikefader]

Spike:
Have been watching LOJN. Looks like a breakout of a consolidation. What do you think?

Bit late to be chasing it now. c entry was the play yet again. How can ya not like them?! The purple channel long week was a good play too. Bought from the get go. Logical target for any open positions is green or blue arrows - channel resistance. If one was to chase a channel turn up, it was off the weekly 3 weeks ago. Sit back and watch this one a while and sigh becuz ya missed it. But if it gives a nice 4th wave back down, you could try to catch a 5th wave ride.

[spikefader]

Spike, if you have some time, could you give me some insight on Titan Int'l (TWI). It's my only remaining stock (90% cash), and it seems to be holding strongly vs. a weak market. Should I be concerned about its low-volume advance during the latter half of December, or do I write that off to Holidays?

It looks pretty good to me right now, but there's always the possibility I'm missing something. Thanks in advance.

I would strongly recommend you hold it with a stop under 13.35. This looks like it's got potential despite any weakness in the broader market.

[Gatorman]

Bit late to be chasing it now. c entry was the play yet again. How can ya not like them?! The purple channel long week was a good play too. Bought from the get go. Logical target for any open positions is green or blue arrows - channel resistance. If one was to chase a channel turn up, it was off the weekly 3 weeks ago. Sit back and watch this one a while and sigh becuz ya missed it. But if it gives a nice 4th wave back down, you could try to catch a 5th wave ride.

That's what I was afraid of. Thought I was too late to the party.
Thanks

[spikefader]

QQQQ short entry at R1 38.44.

[mystiky]

spikefader, what your thoughts on ECST?

as you may have noticed, I recently took-up interest in following ECST for a number of reasons, which I won't re-list here but give a link to where it was written up.

http://www.mrmarketishuge.com/forum/showthread.php?t=642

I would love you hear your technical analysys of how the charts are looking for you on it. It seems like the support around 11.40 - 11.60 is holding and waiting for a pop back with this small float and huge short position.

Thanks!

[dmk112]

Bear?? Spike, c'mon man the bottom has hit, see the bounce today?

[spikefader]

Bear?? Spike, c'mon man the bottom has hit, see the bounce today?

LOL - you're going to like my next post then

[spikefader]

Headfake short??

Well, the market is on the edge of a knife imo - right where it is now.

Weekly channel long this week in the face of last week's channel short. Daily channel longs this week. And a headfake Vector to the short side that today closed bullish. So based on these latest signals, I'm putting the bull suit back on. My bear suit is on the rack close to hand should this week's low in the Qs of 38.01 fail to hold.

No aplogies for the schizo nature of these signals - just tradin' what I see.

I'll close this short at first support or b/e stop, and look to long at first support.

[Gatorman]

Headfake short??

Well, the market is on the edge of a knife imo - right where it is now.

Weekly channel long this week in the face of last week's channel short. Daily channel longs this week. And a headfake Vector to the short side that today closed bullish. So based on these latest signals, I'm putting the bull suit back on. My bear suit is on the rack close to hand should this week's low in the Qs of 38.01 fail to hold.

No aplogies for the schizo nature of these signals - just tradin' what I see.

I'll close this short at first support or b/e stop, and look to long at first support.

That's all we can ask. Call them the way you see them but, hopefully, you'll be riding that Bull for a long time to come!

[Runner]

Spike do you do the wave thing on intraday charts? If so are you running 5 minute charts or 60 minute?

[dmk112]

Headfake short??

Well, the market is on the edge of a knife imo - right where it is now.

Weekly channel long this week in the face of last week's channel short. Daily channel longs this week. And a headfake Vector to the short side that today closed bullish. So based on these latest signals, I'm putting the bull suit back on. My bear suit is on the rack close to hand should this week's low in the Qs of 38.01 fail to hold.

No aplogies for the schizo nature of these signals - just tradin' what I see.

I'll close this short at first support or b/e stop, and look to long at first support.

Yea Spike!! We can't afford to give the bears any more fresh meat!!

[spikefader]

http://www.mrmarketishuge.com/forum/showthread.php?t=642

I would love you hear your technical analysys of how the charts are looking for you on it. It seems like the support around 11.40 - 11.60 is holding and waiting for a pop back with this small float and huge short position.
Thanks!

Current thoughts: Weak right now.

[spikefader]

Spike do you do the wave thing on intraday charts? If so are you running 5 minute charts or 60 minute?

Yes, I watch them. I like the 5th wave completion reversal entry. I like 5 min chart, but adjust according to how it 'looks and feels' if you know what I mean. Some charts call for longer time frame.

[spikefader]

QQQQ short stopped out even and looking to go long at an appropriate intraday support.