Spike's Scientific Stock Analysis

[spikefader]

Long YM 10568. 30pt stop.

[spikefader]

Tom,
HANS impressive huh! It's booming through a major weekly channel. Big fat buy signal yesterday on the 20-day PSAR MFI system. Bubble?! But where to short it? Intraday it's looking kinda triple toppish this morning, but the action since isn't what I'd look for in a short....patience I think.

[spikefader]

THANKS SPIKE- i SOLD HALF AT 7.00 -i WILL RIDE THE REST TO 8 OR 6.40- WHAT ARE YOUR THOUGHTS ON VPHM- BOUNCE OFF BREAKOUT 21.50 OR SO OR BACK TO 18 OR SO BOTTOM OF CHANNEL- THANKS AGAIN

Congrats; nice 12% on that half
VPHM got hit this morning and generates an expanding major channel long. It's had intraday double bottom failure, and no pattern for long since. Considering that DB failure, caution for it now that it is expanding channel. It could be in big trouble. But it is at major weekly channel area too. Now just a matter of whether it busts or not. On the weekly, it looks to me like it's completed the 5th and sold hard. Lesson to remember; careful buying late in a wave count; it can bite hard. Gap down on volume could well be runaway to the downside, so I recommend staying away from longs for it.

[spikefader]

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

As it turned out, good fortune to miss HANS, and OSIP wow; spike up to 30.00 today and a channel bust. It's all happening. That must have halted or sumfin? I'm missing some backfill for it. Sharp spike and selloff both not surprising, and not good for it. But no trade right now with good r/r imo....

[spikefader]

Lye's ENER short:
Now I'm on board dude!
This one looks set to fall out of the ugly tree....

[spikefader]

The bull snorts or sneezes to resistances again.

My GOOG calls jump from $4.00 to $5.70 in a day, and considering the daily GOOG channel long and intraday double bottom I predict they will be back at $10.00 soon enough.

Qs look set to impulse to breakout (hehe the eternal optimist).

And I just reconsidered VPHM and thought I'd risk 4% on it.

[spikefader]

Greetings,

AS far as DRL is concerned,todays JAN 7.50 puts closed at 1.10 up from .80 as of yesterday.Good call Spike,35+% in a day.

Theres got to be a good long - short play here,if I figure it out Ill post,looks all short now.

cordially Tom

Ooh ya, thanks. DRL falls through the double bottom price support today and those puts rise another 6%. It's just the beginning I think.

[spikefader]

Greetings,

Spike would you consider OSIP s action bullish now,and worht a long?Seems to have broken through resistance,and inverted SHS is in play.

cordially Tom

Well, that spike up was booming action, but the selloff isn't inspiring though. Will pay to wait and watch it.

[spikefader]

Gee, look at that. Market rally

VPHM - raising stop to under R shoulder; only 1% risk now.
Looks like I may have the perfect YM entry I was lookin' for...ah, time will tell It still has some work to do....

[diogenes]

Gee, look at that. Market rally

VPHM - raising stop to under R shoulder; only 1% risk now.
Looks like I may have the perfect YM entry I was lookin' for...ah, time will tell It still has some work to do....

Well, do go on about VPHM. I am interested to see what you have to write about it.

[spikefader]

Added to YM at 10663.

[spikefader]

Added to YM at 10663.

stopped out even on this add. Stalking again...

[spikefader]

Well, do go on about VPHM. I am interested to see what you have to write about it.

Stopped out for -1% and will go back to stalking. I considered stop to even after getting +5% so quick after the entry, especially considering the bronze entry instead of the gold....I'm going outside to give myself an uppercut.

[spikefader]

Well a good day to be a bull.

I've somehow managed to get a nice swing YM long happening sitting nicely with +100 point profit, and my QQQQ and GOOG call options move to +39% and +75% profit respectively. And I'm lucky to still be with +7% profit for my TASR short pick in POTW!

Anyone not bullish out there?

[billyjoe]

Spike,
Being the deep thinker that you are , answer me this. What's the difference between averaging down and buying on a pullback assuming that you already own the stock purchased at a higher price ?

billyjoe