Spike's Scientific Stock Analysis

[New-born baby]

Summer Rally

Websman,

I want to comment on your comment about a possible summer rally.
I have been reading that the market is headed for a 9500 DOW right now. Why? Because the market would be correctly valued at 9500 if we had a 6% interest rate, according to the Federal Reserve's model, and it appears that a 6% interest rate will be here in 2005 (possibly quite early in 2005). The market leads the economy by six to nine months (so says Wm. O'Neill and others). Therefore, I think that the there will be no rally before we hit 9500 or lower. At least that is how I am planning my investing strategies.

I wish you all the best,

[Websman]

You guys may be right and thats why I'm being cautious for now.
The market could, very well be headed further down.

Where is Nostradamous when you need him?

[MEA_1956]

Help ME

I'm without friends over here in the HOWLING and would like to take this time to invite you back to post a pick that no one has requested. A man of your wisdome has surely got a pick or two up your sleve that is just waiting to get out and dance in front of a new crowd. See you there. ===> MEA

[New-born baby]

MONDAY'S OUTLOOK (5-24-04)

OPEC just announced that it is not going to up production. You can count on that shaking the market Monday (5-24-04). Look for short positions. And if you know of any good ones, list them here!

I wish you all the best,

[New-born baby]

ENR

[New-born baby]

ENR

Spike

Here's one for you --I think it has potential for a short because:
1. It was down Friday on large volume.
2. It dropped below its 50 and 200 MA.
3. It has a gap underneath it between $38 and $41.04, while its current price is $43.06.

What do you think?

Thank you!

[spikefader]

ENR not ready for short. Recently had a long channel entry and channel from that point is still upward. No short signal yet with my setup.

[spikefader]

QQQ good r/r now short

[spikefader]

WITS- next few days will be pivotal

[spikefader]

a good reason to use channels as exit points

[New-born baby]

PHRM'S FALLING

Spike

Did you see PHRM hit the skids this morning? Yesterday down another $.50 to the gap, and this morning, she is starting to slide down through the gap, down $1.50/

[spikefader]

Re: PHRM'S FALLING

Spike

Did you see PHRM hit the skids this morning? Yesterday down another $.50 to the gap, and this morning, she is starting to slide down through the gap, down $1.50/

But frankly, without a technical reason to enter long or short at the moment all you can do is watch it. There will be a right time to enter it, but now is not that time.

[Gem]

CADA

Hey Spike,

Your analysis is really educative..Any thoughts on CADA?
Long CADA..
Gem

[jiesen]

OFG

Hey Spike,

http://finance.yahoo.com/q/bc?s=OFG&t=5d

Was this the entry you were looking for with OFG? I remember you predicted this downdraft from $32. Looks to me like it's headed back up, what do you think?

[spikefader]

Re: OFG

Hey Spike,

http://finance.yahoo.com/q/bc?s=OFG&t=5d

Was this the entry you were looking for with OFG? I remember you predicted this downdraft from $32. Looks to me like it's headed back up, what do you think?

Hmmm....perhaps a correction up, but still has that SHS target....