Spike's Scientific Stock Analysis

[spikefader]

LTON: The channel from the recent high at 15.24 turned up and remains up at eod today. Also an inverted SHS (but with a gap in it), with an unmet target on the upside. Solid support at 11.00ish and above the gap......But not sure on the long side. The chart is too young and scary

To the short side, you've got a dirty fat gap down there. It's fallen into the bottom half of the channel from the low at 7.37.

[New-born baby]

Spike

Just a head's up on CDE. Harry Dobash of MSN Money rates it a certified doomed stock in today's Money section. He's not reading charts; he's reading debt, p/e, price to sales, debt to equity, and cash flow.

Wouldn't want you to look like this because of a sudden revelation.

[Websman]

Well folks,
I Thought I had missed the boat on NUTR, but it came screaming back to the dock at full throttle!

Fascinating indeed...

I guess I could get in, but I think I'll wait another day or two and see if this boat smashes the dock to pieces and head south into town. Being it's a Mr Market pick, I feel confident it will be a winner in the long run. It may take a few extra days though.

[spikefader]

Spike

Just a head's up on CDE. Harry Dobash of MSN Money rates it a certified doomed stock in today's Money section. He's not reading charts; he's reading debt, p/e, price to sales, debt to equity, and cash flow.

Wouldn't want you to look like this because of a sudden revelation.

Thanks for that, but I got out back at page 17 at 4.38. I posted an intraday chart at resistence.
But looking at it today, it sure is an interesting chart. Maybe short from 7.00 is what to look for?

[spikefader]

Well folks,
I Thought I had missed the boat on NUTR, but it came screaming back to the dock at full throttle! I guess I could get in, but I think I'll wait another day or two and see if this boat smashes the dock to pieces and head south into town. Being it's a Mr Market pick, I feel confident it will be a winner in the long run. It may take a few extra days though.

Wait for a channel entry:

[Websman]

Spike, My Vulcan logic tells me that you is... ...uhhh, I mean, you ARE right about waiting for a Channel entry on NUTR.

NUTR is up 13 pennies after hours, but I've learned not to read too much into that. This price action is quite intriguing indeed.

Thanks Spike!

[spikefader]

[New-born baby]

NUTR

Spike

Let's be brutally honest: doesn't NUTR look like a decent short for today (8 June 2004)? Hammered yesterday after that $1 gap up at the open, and now looking like another possible down day to (gulp!) $21?? NUTR is setting on imagination if you look at the price by volume side of things. It could very easily break through (IMO). That statement of your "wait for channel entry" is reflecting the possibility of a fall to the $21 channel, is it not?

Just for fun you may want to view the chart on RGC. Horrible fall through a $5 gap.

Best investing to you,

[spikefader]

Re: NUTR

...brutally honest

yes, let's do that always

...a decent short for today (8 June 2004)?

Well, maybe it is. But in my book 'real' decent shorts are executed into strength and not weakness. Sell at resistence after a run up, and look for intraday pattern to confirm your entry. That puts the edge in your favor.
But having said that, a decent short can be after weakness, but you've got to be careful chasing sell offs. Timing is everything. I wouldn't short NUTR today. If anyone WAS going to, I'd suggest doing it in a disciplined fashion - say a double top formation, with a stop above hod, or at R2 intraday.

...statement of your "wait for channel entry" is reflecting the possibility of a fall to the $21 channel, is it not?

Yes - absolutely the possibility. But I still think the edge remains on the long side until there is a channel turn down or break, which there hasn't been yet. So my long call from 20.00 remains open.

Just for fun you may want to view the chart on RGC. Horrible fall through a $5 gap.

yowza that drop shows a weekly channel break on a long-term weekly chart on the down side. I'd suggest waiting for a bounce - and shorting into strength at a channel for that one. One to watch - channel short could occur anywhere between where it is now and 21.00.

[Websman]

OFG Vulcan revenge???

YES!!! That be very satisfying to get back at this piece of #@%* stock.

The Vulcans will wait in shadows and will attack this evil menace when the time is right. Yes, victory will be sweet and is forthcoming. Paitence is a virtue.

[Websman]

Paitence is a virtue.

uhh...patience not paitence.

I need a full time proofreader.

[Websman]

BWAAAAAAAAAAAAAAA...er...BWAAAAAAAAAAHA!!!!

It's going to tank!!!!! All gloom and doom!!!! DISASTER!!!!

BWAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAH!!!!


Excuse me, but I noticed we don't have any bashers here like they do on the Yahoo boards, so I thought I try my hand at bashing.

What stock am I bashing you might ask? Hmmm...I'm not sure. Pick one you don't like and we can bash it together.

Ok. Everyone ready. On the count of 3.

1....2....3! BWAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHAHA!!!!!

[spikefader]

Websman. I'm wondering whether you've got a headache this morning from the alcohol I suspect you consumed around the time you wrote that!

[jiesen]

vulcan basher?

just be careful what you wish for...

mention the devil one too many times, etc.

[tokyojoeskid]

HDWR

Spike help me out with a little TA on HDWR. I think if it breaks through 25 it could easily run to 27.5. Is this a long or a short, fundamentals look great
thanks
TJK