Spike's Scientific Stock Analysis

[dmk112]

Nice! BTW how has your system worked for you so far this year? Up nicely?

[dmk112]

This is interesting, COMPQ is right on the 50% fib retracement ont he long term trend from Aug 2004. Let's see if it holds...


[IMG]

[IIC]

Thanks! I thought I'd have some fun with the the bear concept Don't underestimate this meek looking bear. He's very dangerous haha

Oh boy, a head-to-head market call At least one of us will be right!

Maybe...but what if the market is flat for the next week...then we are both wrong.... Fat Chance...or should I say Flat Chance???

[spikefader]

Maybe...but what if the market is flat for the next week...then we are both wrong.... Fat Chance...or should I say Flat Chance???

Well flat is a distinct possibility too isn't it.

[spikefader]

This is interesting, COMPQ is right on the 50% fib retracement ont he long term trend from Aug 2004. Let's see if it holds...
[IMG]

Good observation there. FIBs sure are interesting ain't they.

Nice! BTW how has your system worked for you so far this year? Up nicely?

Thanks. Yes, it's done well. I actually try not to focus on profit or loss. I'd rather focus on how well I've actually executed in the face of my emotions, and how many mistakes I've made in that regard. I find if I start thinking about money, profit and dollar signs, I lose focus and open the door to emotion and start making mental errors. I try to stay as detached as possible ya know.... It's actually a good habit to move the +/- column out of your sight It's very distracting!

[spikefader]

... QQQQ short at 36.05 ...

Added to QQQQ short at hod 36.57. Tight stop on this add. I'll leave the first float, and if the 2nd gets hit, I'll look for another entry later in the day.
EDIT: Out 2nd for tiny loss. Will try R2 @ 36.83 next.

[spikefader]

DHB: Long setup here at 8.62. There is a channel long on the weekly, and this sharp drop intraday down to S2 is a great entry.

[spikefader]

Here's the weekly channel long supporting that entry.

[spikefader]

Bullish ascending triangle. Breakout pending.

[spikefader]

Further to http://www.mrmarketishuge.com/forum/...postcount=2563
Exit at 29.00 for -0.40, and re-enter at double top 29.30. Stop at 29.50.

[spikefader]

QQQQ add short at 36.67.

[spikefader]

QQQQ stop.

[spikefader]

Is this one perfect? Perhaps.

[spikefader]

Market dynamics and resistance. Logical points of resistance. Places to find an edge. Reasons to enter a trade.

[spikefader]

Good call on bull IIC.

Vector looking to close bullish today. I will exit this Qs short tomorrow at support.

@dmk112: sorry the ride was so short and unsuccessful. These Qs have been frustrating me for a while now, so you were brave to follow me I'll be looking for a support pattern tomorrow to cover and flip to long. Remember, it's still a potential 'c' entry on the long side, which can be fast up, so be disciplined and take medicine early, ya know.