Thnx fer the headsup on all those picks you bring to the table, Tom! I'll do some charts for PBT and HGT sometime this weekend. Inital look at the weeklies bring an interesting observation to PBT....look at a weekly chart back from Oct 04 to May 05. That pattern is arguably similar to what's setting up now for it. Back then ya had ascending triangle that popped out breakout then failed by 30% downside. From June 05 to today you've got that same pattern; failed ascending triangle and a return to test the ascending line.... If it plays out the same, within the next 2 weeks there will be a 30% drop to 11.75.... Jim, if you're reading this it may interest you dude. You're a Déjà Vu Connaisseur hehe Actually, Jim, there's a good name for a thread or Screen name! hehe
Anyway Tom, that weekly candle is bullish but even so I'd be patiently stalking intraday every day next week to look for that perfect pattern to confirm the entry short. Maybe resistance high on the daily?? I know it's a channel long yesterday....but I'd hold off for a spike up to 16.80. That's bband resistance on the daily too..... But having said all that, there is a difference between those long-term patterns I've mentioned; and that's volume. There's a lot more volume supporting the current setup and there's great support at 15.00. Let's say it pops to the high resistance, fails, you've got double top and failed ascending on the weekly....and if it fails at 15.00 then it's almost a shoe-in to fall to 10.00, which will be 40% profit target. But you're probably just lookin' fer 15% or so....but thought anyway if you're lookin fer swing short on sumfin.
ENT (old EENC) prolly be a good short on a pop to 19.30 resistance. Target for that would be 14.00, which is 26%.
Spike's Scientific Stock Analysis
Collapse
X
-
Nssc
Hi Spike,
Any comments on the chart of NSSC?
Looks like breaking out on volume. Got in earlier today myself. How does profit taking at $17 (short-term) sound to you?
Any thoughts?
thanks, as always!
Leave a comment:
-
-
Guest repliedNice performance indeed,Originally posted by spikefader

I just reflected back over past Creme systems and got some interesting numbers to show. The Creme series produces cumulative total of +23.2% (+5.8% average) versus a mere +2% for the $NDX Naz! lol
So in effect, MM's model (with a little yours-truly filtering) discovers gems that outperform the broader market by a very impressive margin!
Here's the scoop on the original ports if left open, as of today's close.
Crop #1: +10.8%
Crop #2: +14.6%
Crop #3: -5.5%
Crop #4: +3.3%
________________
Total +23.2 cumulative
+5.8% average.
In the same time frame:
NDX +2%
DOW +4%
SPX +4.5%
Is Creme any good? I think it's a no-brainer myself. The numbers only get better if you keep Crop #3 limited to -4% system stop out I posted (6.1% average per system, and total of 24.3% cumulative).
Original Creme of the Crop post here: http://tinyurl.com/cv2ms
from 11-12-05
Figures Id start with the crop that got stopped out.Seems the odds favor trying again.Even Vegas gives one up every now and then.
Glad to see you make a buck on PTF,as a side thought,would you consider a look at PBT and HGT?Both cut distribution levels today and I like PBT for a short to the 14s?
cordially Tom
Leave a comment:
-
-
-
YM: Closed the swing long for +45 points. I'll stalk next week for another.
Leave a comment:
-
-
Another push doh, thought I had that one!Originally posted by spikefaderYM try another add 11116. 20 pt stop.
Leave a comment:
-
-
That's right!
Smart move. It'll be down Monday . . . .Originally posted by spikefaderTaking the 10% profit here on the gap up to R1 is the wisest move I think. I like the island reversal back there, but the original r/r was only 6.6, and I'm not liking daily volume much.
Leave a comment:
-
-
Nother push; stalkin' perfection.Originally posted by spikefaderYM add 11106. 15pt stop.
Leave a comment:
-
-
Push, not what I'm lookin fer.Originally posted by spikefaderYM added at 11115. 15pt stop on this one.
Leave a comment:
-
-
Creme of the Crop 1 to 4 totals.


I just reflected back over past Creme systems and got some interesting numbers to show. The Creme series produces cumulative total of +23.2% (+5.8% average) versus a mere +2% for the $NDX Naz! lol
So in effect, MM's model (with a little yours-truly filtering) discovers gems that outperform the broader market by a very impressive margin!
Here's the scoop on the original ports if left open, as of today's close.
Crop #1: +10.8%
Crop #2: +14.6%
Crop #3: -5.5%
Crop #4: +3.3%
________________
Total +23.2 cumulative
+5.8% average.
In the same time frame:
NDX +2%
DOW +4%
SPX +4.5%
Is Creme any good? I think it's a no-brainer myself. The numbers only get better if you keep Crop #3 limited to -4% system stop out I posted (6.1% average per system, and total of 24.3% cumulative).
Original Creme of the Crop post here: http://tinyurl.com/cv2ms
from 11-12-05
Leave a comment:
-
-

of the Crop#4 4.1% for the week; S&P +1.8%, Naz 1.3%, and Dow 2%. Who cares?



Leave a comment: