Spike's Scientific Stock Analysis

[spikefader]

Spike,
Lots of people on this forum seem to be down on GOOG. I've got a little profit. Should I go with the consensus and get out before it's too late? Maybe I know the answer already. I believe in this stock , heck it's still in it's infancy!
billyjoe

Nope. I say hold it and target the green or blue upper channel on the weekly.
This is clearly a bullish stock - no profit-taking at the upper red weekly channel.
It's like the old Kenny Rogers song, "The Gambler";
"Ya gotta know when to hold 'em, know when to fold 'em, know when to walk away, and know when to run"....

With GOOG today, this is one that you hold for now anyway...

[spikefader]

Spike,

Is that a channel long on MFLX today, from the 14.11 low?

Thanks

[billyjoe]

Thanks Spike .

billyjoe

[New-born baby]

For Now

Spike,

Lots of people on this forum seem to be down on GOOG. I've got a little profit. Should I go with the consensus and get out before it's too late? Maybe I know the answer already. I believe in this stock , heck it's still in it's infancy!

billyjoe

BillyJoe,

I was one who said I didn't have the guts to buy it. But I wrote the other day that it looks very, very good right now. But do remember TASR. Today it was up to $8.28, when it once was what, $200 per share? That happens to the best of 'em.

I'm glad its running for you! "Long may you run."

By the way--
I got a note from the big boys who said they are so impressed with ELN and SIRI that they are looking for entry points to take a long with these. Looks like ELN is going to be a very, very hot stock for awhile.

[billyjoe]

New-Born,
I'm always amazed by your mysterious contacts and sources, however, you did recommend shorting GM while my friend Kirk K. told me not to.

billyjoe

[B.J]

Spike,

Lots of people on this forum seem to be down on GOOG. I've got a little profit. Should I go with the consensus and get out before it's too late? Maybe I know the answer already. I believe in this stock , heck it's still in it's infancy!

billyjoe

Billy Joe, what are your thoughts on Grunet (GRU)?

[dmk112]

maybe tomorrow...thanks spike

[spikefader]

...got a note from the big boys who said they are so impressed with ELN and SIRI that they are looking for entry points
to take a long with these. Looks like ELN is going to be a very, very hot stock for awhile.

Yep - the price action has done some seriously good work to build this pattern. I'm all for anticipating the
R shoulder on the inverted SHS. I'll be lookin' anyway Very nice targets there....

[New-born baby]

Goog

New-Born,
I'm always amazed by your mysterious contacts and sources, however, you did recommend shorting GM while my friend Kirk K. told me not to.

billyjoe

BillyJoe,

Here's one of the GooG gurus. He has 139,000 subscribers to his buy/sell service, which might help out.



He's really pumping GooG, and expects a very nice ride for you. I hope you really do well with it!

On the GM side, once the euphoria over Mr. K$$$ 10% stock purchase is over, the price will slide again because the fundamental problems of the company remain. Mr. K$$$ purchase is making GM an even better short. (Personally, I very deeply hope he can save the company from bankrupcy).

[billyjoe]

B.J.,
I'm not too hot on GRU. Great RS , but not much in the way of earnings. Being on the ASE is another strike against it for me. Now watch them come out with a great earnings report next week. You can find much better stocks out there in my opinion.

billyjoe

[billyjoe]

New-Born,

I was just kidding and agree that GM is in deep do-do.

billyjoe

[spikefader]

GM bears in deep do-do right now. It is acting VERY bullish. Not ripe for an entry yet, but one will come................

[New-born baby]

My apologies, BillyJoe

New-Born,

I was just kidding and agree that GM is in deep do-do.

billyjoe

BillyJoe,

I apologize if I came across too strong. I am under pressure at church and must be taking things too seriously. I am sorry about that.

Are you still digging out up by the Lakes? You all must have had a lot of snow!

[b_critical]

Spike,

To see if I understand your possiable entry points.

GM 26.12
ELN 4.16
LB 13.78

If they dont break down at these points and begin an uptrend buy with a close stop?

Bill

[noshadyldy]

Well now I'm confused. I thought ELN was bullish at this point. NO?