Spike's Scientific Stock Analysis

[skiracer]

DMK112,
That is a bear flag forming. Did anyone pick up on Spike's ascending triangle stock SNAK. Fundamentally very strong. Great eanings report recently and MSN Money stock scouter rating of 10. Their highest rating. Looks great just as Spike outlined it in his post. I put a buy order in today for 2000 shares at $5.10 but never triggered. Got as low as $5.25. Maybe tomorrow. I think this one is definitely worth keeping a close eye on.

[Runner]

Spike looking at the $COMPQ chart I’m thinking we may have just competed “a” down off the 5th top. I also see a possible s/h/s formation that may or may not forum from the 2219 top. If this is correct The right shoulder may forum and end the completion of the “b” wave.

Current fib level from wave one up shows us right at the 38% line or 2156. If my theory is correct and ya know a BIG IF. I would think “c” might kick in off a retest of the 38 fib or even possibly the 50.

Spike your thoughts on this chart??

[dmk112]

Speaking of traingle...I sure missed this one...

[Thomrich]

DMK112,
That is a bear flag forming. Did anyone pick up on Spike's ascending triangle stock SNAK. Fundamentally very strong. Great eanings report recently and MSN Money stock scouter rating of 10. Their highest rating. Looks great just as Spike outlined it in his post. I put a buy order in today for 2000 shares at $5.10 but never triggered. Got as low as $5.25. Maybe tomorrow. I think this one is definitely worth keeping a close eye on.

Greetings,

Great minds must think alike,I put in the exact same price and amount.

9 dma is 5.09,i figure if it went to Spike target it would be a free for all to get shares,so I went a penny over the 9dma.Unfortunately Scottrade doesnt let you put in 1/2 cent amounts.

BTW bought some literature on shorting and futures markets,Ive never shorted ,so I figure I better get a little knowledge.

Can someone with Scottrade tell me the cost to short a stock?

Cordially Tom

[spikefader]

I have a question...And I'm serious...What is the BIG deal with gold anyway???...Since the price was not restricted...late '70's...I never could figure out what the attraction was???...Only that there is not really that much of it around...Supply/Demand.

Want to get Defensive?...I'll go with Water...Does life a whole lot better than gold IMO

Lot of Gold bulls out there. I'm bullish on gold from a TA perspective. Fundamentals, I don't know.

With water, you've got to mess with bottling, storage, delivery, filtration systems and maintenance. Seems easier to buy a valuable commodity like gold that is easy to store and has no maintenance except for security.

[spikefader]

Spike,
How do you see KBH for tomorrow (Tuesday)? There is an ascending triangle, but the RSI and CFM are weak, as well as the MACD. Then you add into the equation that today's candlestick looks like a possible trend reversal, and I don't know what to expect.

What sayest thou?

It sure does look like a bear flag from where I'm sittin. I dunno. I'm torn between a bullish weekly candle, and the bullish EW count I had before. Shessh I dunno. Maybe my count is off and the 5th is in, and that bear flag is just the whisper of lower. The simple way to look at is this: You've got a major channel long that's confronted with a minor channel short and a bear flag. I think it's worth holding while the channel long price of 71.32 holds. Under that, you don't want to be long imo.

[spikefader]

DMK112,
That is a bear flag forming. Did anyone pick up on Spike's ascending triangle stock SNAK. Fundamentally very strong. Great eanings report recently and MSN Money stock scouter rating of 10. Their highest rating. Looks great just as Spike outlined it in his post. I put a buy order in today for 2000 shares at $5.10 but never triggered. Got as low as $5.25. Maybe tomorrow. I think this one is definitely worth keeping a close eye on.

Yeah Ski, it's hard not to like that chart. It may not pull back, but if it does, it's really ripe for the pickin I think. Worth the risk to take it long at the support.

[spikefader]

Spike your thoughts on this chart??

I'm seeing Fri (edit: Fri just passed) being the c completion. See the Qs chart, that looks like it too, and today Qs put in a good bullish show. We will soon enough see.

I'm still bullish and V close a bull. Quietly expecting some nice bullish days in the next couple weeks.

[New-born baby]

$7

Can someone with Scottrade tell me the cost to short a stock?

Cordially Tom

$7--in US fiat dollars.

[dmk112]

$7--in US fiat dollars.

+ margin costs which shouldn't be much...

[IIC]

IIC,
Don't you know?? One ounce of gold can be stretched out into a thread 40 miles long. That's why gold is valuable. It is the most mallable substance on earth. Great to solder computer board connections!

Truthfully, if the US fiat dollar collapses, so does every single currency in the world. And yes, I do think it will collapse sometime. But when it does, it seems to me that it will spark a global economic crisis such as has never been witnessed upon this earth. That will possibly be the catalyst for the ascension of AntiChrist to power. And that is no cause for a Christian to break a sweat because we know that every Word of God is true, and that every word will be fulfilled. You cannot stop the Will of God.

As a result, I don't own any gold. God has promised to feed His children. He'll make a way for His children. In addition, if AntiChrist is revealed, the believer is going to be raptured first, so he won't be here for the carnage anyway.

But I do like your Mr.Breakout pick of SWWN!

SWWN was not a pick...it just met the criteria.

Problem w/ gold is that you can't eat or drink it...I say Water is the most Defensive...followed by food...Actually, air is...but I can't find any "Air" stocks

Gold...expensive...Actually, I'm thinking about moving to Greece and becoming a Saffron Farmer

[IIC]

My simple question is can anyone tell me the value of a dollar bill compared to 10 years ago?

What cost $10 in 1995 would cost $12.44 in 2005.
Also, if you were to buy exactly the same products in 2005 and 1995,
they would cost you $10 and $8.04 respectively.

[IIC]

What cost $10 in 1995 would cost $12.44 in 2005.
Also, if you were to buy exactly the same products in 2005 and 1995,
they would cost you $10 and $8.04 respectively.

Ran it through another calc...and got 12.75...so who knows?

[jiesen]

SWWN was not a pick...it just met the criteria.

Problem w/ gold is that you can't eat or drink it...I say Water is the most Defensive...followed by food...Actually, air is...but I can't find any "Air" stocks

Gold...expensive...Actually, I'm thinking about moving to Greece and becoming a Saffron Farmer

I can think of a few "Air" stocks: BIDU, TZOO, CKXE, etc...

Not that I'd recommend investing in them, though!

[Thomrich]

Greetings,

Concerning the inflation topic,I cant remember who,but a long time ago on the Mclaughlin group the same topic was brought up.The one economist on the show brought up the fact that inflation impacts age groups differently.

Hopefully when you reach retirement you wont be buying a first home,the housewares to fill it,and going to the mall every weekend.
Your auto should be paid for,and hopefully not alot of debt?

Cost of food and energy will impact,but even at modest inflation,unless your a glutton and drive a hummer 100 miles a day,those costs should be manageable.

It will be the appetite for luxury items that will affect retirees.

Now that I think of it,it was also
in the book "The wealthy Barber" .
He also talks about 20 yrs ago people thought inflation would make being a millionaire commonplace,well it didnt,and still hasnt,and that book is 15 yrs old now.

I see health insurance,and drug cost as the biggest threat right now.Ask someone needing to put a loved one in a nursing home or hospice care how prices can wipe out entire LIFE savings in a year or less.

Hope I die in my sleep while lying on a beach somewhere,
Tom