Spike's Scientific Stock Analysis

[Thomrich]

Greetings,

Thanks Spike,should have taken the failed triangle,saw it while it was happening,didnt think for myself,I think it may rally again,for another opportunity.

Also OSIP is presenting itself for a nice short entry again,looking to get a silver entry close to 26.

cordially Tom

[spikefader]

Thanks for the congrats and kind words guys. Appreciate that

Nice to know there are people readin' my trash hehe. Congrats to yall (posters and lurkers) who make those numbers! But it ain't the numbers that are important. I'd rather know that there are a few gem-of-a-lesson type posts that actually sink in and helps those who need it, remind those who already know it, and inspire those who don't know TA to consider it. But at the end of the day, it's not about TA or FA. It's about finding winners and letting THEM grow rather than the losers.

If I were to ask myself what is the biggest lesson I'd like others to take away from all this I'd be tempted to say it's "Hunt for perfect entries, close 'em out if they're not, and let 'em run if they are". That statement covers plan, patience, risk control, and upside freedom; all necessary ingredients to success.

Godspeed traders!

[spikefader]

YM: Well had a chance with evening strength but stopped out even overnight. I'll get lucky eventually.

Long right here at 10552.

[spikefader]

Spike, any technical thoughts on TOL now that its gotten the wind knocked out of it?

Still see short for at least blue channel. Here's the weekly:
(PS scifos; I think your tag-line signature is causing the large page width, perhaps cut some of those plus signs out hehe)

[spikefader]

Anyone with comments? Spike?

Quick look at the weeklies show RMBS isn't doing anything much channel wise. Large downward trending channel with price meandering down on poor money flow. If I had to give a bias it would be short, but not worth doing a chart for. Let me know if it does something like a channel long or boom or something.

PIXR strong with price approaching upper weekly channel at 58.00 and rising. That matches the daily upper, so if it tags it it will be worth a short. Otherwise watch it knowing you've missed the boat long. Unless you want to try for a weekly 1234 entry to look for the 5th. In fact, count wise on the daily it's in a 3 up after a nice 12345abc c long entry. Yep, try for a 4 entry perhaps near the price support 54.50 or short the upper tag should it come.

[Lyehopper]

You-Da-Man Spike!

That is a "TON-O-hits" on this thread ain't it dude!?

Now I'm not one to "pump a trade" on another guys thread Spike.... But since I've got no thread of my own....

http://img212.imageshack.us/img212/9092/ener119057sf.png

SHORT ENER NOW!!!! hehehehehehe

[spikefader]

That is a "TON-O-hits" on this thread ain't it dude!?

Now I'm not one to "pump a trade" on another guys thread Spike.... But since I've got no thread of my own....

http://img212.imageshack.us/img212/9092/ener119057sf.png

SHORT ENER NOW!!!! hehehehehehe

it's a few anyway. I suspect there are 20 or so regular readers of every post. Considering the volume of posts it's not a bad average.

Congrats on ENER. The channel long from the other day has failed now, but the only problem with short entry here is it's near daily price support, and the channel from the bottom is still pointing up, generating a channel long. Overnight/intra chart shows it's near W support too. The r/r not there for an entry here, but maybe you wuz kiddin and just excited! hehe But if that daily channel turns down today, I'll green light a short chasing closing price and/or tomorrow's pivot point. The volume is high today, and it'll be falling from solid vol by price at 32.00 on the daily. Looks in trouble if today's low fails certainly.

[scifos]

(PS scifos; I think your tag-line signature is causing the large page width, perhaps cut some of those plus signs out hehe)

okay, I asked in a different thread (or maybe this one) if it was doing that and didn't get a response. Will change.

[spikefader]

Bull snorting!


futures price resistance is 10640.

[spikefader]

okay, I asked in a different thread (or maybe this one) if it was doing that and didn't get a response. Will change.

I think that fixed it.

[spikefader]

Intraday triple top Qs, Dow SHS. A bullish breakout here should really fly folks, cuz I'm sure there are some shorters selling this resistance and will cover to fuel the rally if bulls can beat em

[spikefader]

Added to YM here at 10585.

[spikefader]

GOOG channel long on the daily, intraday looking like a goog place to buy haha.
Bought some +GOPKR GOOG 390.00 calls for $4.00. Pretty good r/r. They were $10.00 yesterday.

[New-born baby]

Aci

Spike,
Do you have a price target for ACI?

[spikefader]

Stop to 563 for both YM now.