Spike's Scientific Stock Analysis

[noshadyldy]

gold

Thanks again, Spike!

[spikefader]

Greetings Spike,

Did you exit HTE?It is not responding like I anticipated,wondering if its attempting to fill the gap up from the mid 20s.Any thoughts?

cordially Tom

Hiya Thomrich.

Re HTE: http://www.mrmarketishuge.com/showpo...postcount=4412
and

http://www.mrmarketishuge.com/showpost.php?p=27272&postcount=4423

I didn't take either of those - sorry for the poor wording of "posted entry" when meant "posted setup". I actually took TMY http://www.mrmarketishuge.com/showpo...postcount=4377
and I exited on Friday because of the channel turn down. It's actually holding it's own and was the better play.

HTE now is giving the same channel turn down, and that inverted SHS I posted has had it's lod broken, so that's invalid now.

Good luck with it.

[IIC]

Actually...I like WITS based on its long term prospects...I believe it is a very good company...that's why I have held through some wild swings the past year and a half...Doug(IIC)

[alice4321us]

Ready for Take Off

COGN has built up a nice base yesterday and might be read for a take off from here. Keep an eye on it.

[New-born baby]

S&P support levels

Spike:

Two things:
1. Excellent call on TMY. Too bad I didn't stay with it.
2. Here's a chart on S&P levels right now. I don't have the Fear Chart available at this time, but I'd think its levels are high.

Any comments would be appreciated.

[spikefader]

Thanks Newborn We're both a couple of knuckleheads for not allowing the channel long low to hold and prove itself. Argh! Look at it go!

On that market chart, one support line doesn't make a market!

That 1205.30 low was a weekly channel long. That's the support I'm worried about. If that fails, there goes the channel long.

[billyjoe]

Spike,
Being the captain of the TA team (you are,aren't you?), you have the power to draft the final member for your team so we can begin the 2 day round sometime next week.
Speaking on behalf of Jiesen, our leader, I assure you that we will be ready with some great picks when the bell rings.


billyjoe

[grebnet]

Crnt

Spike.....TA thoughts on CRNT ????

[Thomrich]

Greetings,

Just as I was ready to give up on HTE,it makes a little move for no reason.

On another note,Kurt Wulff has a FA upside for PTR of 46%,with political risk as the biggest downside.Currently pays almost 5%,(not bad NBB,since it only qualifies for 15% div. taxation.)

Per this chart



does this look likely?

cordially Tom

[New-born baby]

Political Risk

Greetings,

Just as I was ready to give up on HTE,it makes a little move for no reason.

On another note,Kurt Wulff has a FA upside for PTR of 46%,with political risk as the biggest downside.Currently pays almost 5%,(not bad NBB,since it only qualifies for 15% div. taxation.)

Per this chart



does this look likely?

cordially Tom

The Chinese are aggressively seeking to control all the oil they can possibly get their hands on. No doubt the prospects of growth are tremendous. However, I do not like the possible political risks of dealing with China, esp. when I can find some plays in the USA or Canada that offer similar rewards.

[billyjoe]

Spike,
I know little of charts, but it seems common sense that a stock having a chart going up at a 45 degree angle as many of Mr.Markets picks do is less likely to then turn and drop than a stock with a gradual upturn or a flat line . I look for certain angles but can't figure out most of the lines you draw over them. How about a simple tip. Why don't I hear anything about "Darvas Boxes"? Are they relevant? Thanks,


billyjoe

[Runner]

Besides the fundamentals that Mr. Market uses in his picks. Most would be classified as momentum picks. BillyJoe raises a very valid point. His picks are in a well defined up trend. Most will not just jump in, but as long as the momo is traveling up. I think it will most likely continue until it meets a greater force to change the tides. I have not looked but I wonder if Mr. Markets picks which ones traveled to his target the fastest? I’d think it would be the ones that had little or no overhead R

[Runner]

Spike what do you think of MTLM?

[Runner]

Sure. Here ya go. Recently I've put those zero line rejects on the charts. The really are a curious phenomenon.

NX said hello today

[spikefader]

Spike.....TA thoughts on CRNT ????

Daily: channel long is in play that targets 5.00 at this stage. Weekly: channel resistance at $5.00, 5.50, and $7.00. Things against it are vol by price weekly around 5.00 and a recent channel turn down on the weekly from 4.10 low.