Spike's Scientific Stock Analysis

[spikefader]

Spike (& others),

How do the charts of YHOO and CHK look to you on these "selloffs"?

I am thinking of going long on both...

Hiya Mystiky! I think YHOO points to 28.00 price support. It's ignoring an expanding channel long on the weekly and is about to fall under some heavy vol by price. Money flow has been poor for it the last year. There are plenty of better longs in my opinion.

CHK is looked impressive there for a while, with the booming channel action in the second half of last year. But under 28.00 and it's vulnerable, and under 26.55 and I would give it bearish bias until weekly channel long/SHS target....at least until it does something bullish again. Ya got bearish zero line reject on weekly money flow too I note...

[Lyehopper]

Got a bearish bias again folks.

Holding the YM short with stop to even and I'll see what overnight brings me.

did OK today, and the more patient entries probably made a difference. CELL was brilliant and if it can hold these levels by week's end it will be acting very very bullishly with a chance to hit 6-year highs.

PARL made SCOTC #4.... AWESOME! I own it. Hope it can hang on.

[Lyehopper]

Spike... Need help....

Hey dude we need you help over on the POTW thread DUDE!!!! thanks.

RE: ADLR open pricing @ 9:30 AM this morning?

btw your PM box is full.

Thanks ahead of time.... YOU ARE HUUUUGE!!!!lol

[New-born baby]

HMMMM--Take Two

$pike:
Yeah, the NAZa looks like-ah she's-a gonna dive a downa, does-a she-ah? Weell, you-ah ought-a look-a at-a this-a chart-a, $pike-a.

Below is a one and a half year look at the NYA with our BIMAC Accelerator plotted against it.

The key to watch on the BIMAC Accelerator is its "Change of Direction" line. When the indicator crosses
to the upside, the NYA trends up ... when it crosses to the downside, the NYA trends down.

Sometimes, the NYA is trending in one direction, and another index is trending in the opposite direction.
Such conditions are typically environments where there is a lot of up and down market volatility due to the
divergent action of institutions.

If you look at the NYA chart below, you can see how the NYA trended every time the BIMAC Accelerator
changed its trend by crossing over the "Change of Direction" line.

Monday's Update: The BIMAC Accelerator was still on the positive side of the "Change of Direction" line,
so the institution trend was still positive ... after testing the support line last week by moving right to the
line and bouncing off.

Things aren't all roses however, as the NYA is now testing its channel's support line, and if it should fail,
it would be the most negative NYA event since last November.

[NOTE: she failed today].

http://img107.imageshack.us/img107/7774/chart12py.gif

Short-ah from-a here-ah; what-ah do-ah you-ah say-ah?

[spikefader]

COMPQ hmmmm

[New-born baby]

Spike (& others),

How do the charts of YHOO and CHK look to you on these "selloffs"?

I am thinking of going long on both...

Hi, Mystiky. I am one of the "others," and I look forward to what $pike has to say, too.

CHK: natural gas stock in the "shoulder season." If you enter too early here, it will probably be July before you recover the stock price. Very risky, imo. The chart does not yet signal this is the bottom. Myself I would not consider an entry before $26.55, and that only with confirmation from the STOs and RSI.

[spikefader]

Got a bearish bias again folks.

Holding the YM short with stop to even and I'll see what overnight brings me.

did OK today, and the more patient entries probably made a difference. CELL was brilliant and if it can hold these levels by week's end it will be acting very very bullishly with a chance to hit 6-year highs.

[mystiky]

Opinions on YHOO / CHK ?

Spike (& others),

How do the charts of YHOO and CHK look to you on these "selloffs"?

I am thinking of going long on both...

[spikefader]

YM tightening stop on this one now....

stop to even...and thinkin' about taking profits at 10830 if it dumps to there.
Vector threaten to turn bearish at close....so this may turn into a swing short....

[spikefader]

YM tightening stop on this one now....

[spikefader]

They're off and runnin'! Cell makin' an impact already.....wouldn't wanna be short that one

[spikefader]

Scalp short YM 10935. 25pt stop.

Creme: Almost done entering into all of em. Only 2 left bidding now; IHS and ELP. CELL was the only one that took off this morning, and I missed 3% of that move, but discounts on the others makes up for it I think. I feel better about support entries though, and will make it a habit in future.

[spikefader]

Creme Crop #4 Begins tomorrow.



Yep, it's that time again! Here they are folks.....

[spikefader]

$pike:
You buying silver Monday?
http://img492.imageshack.us/img492/496/chart19dg.gif

Got CDE and PAAS on the radar. Presenting 'c's now.....

[spikefader]

Could you post an update on SNDK and PLAY, thank you sir.

Tjk

Alright Tjk....SNDK I'm thinkin' it may have a little more on the down side still on the weekly....the daily calls for bearish bias for me. Look for the pink channel long with confirming intraday pattern soon.....




PLAY: Definately bearish bias for me right now..

Daily thoughts:

previous chart

That previous weekly nailed the bias. Weekly today, same bias. I note the recent drop to 25.01 was just shy of a channel long, so considering the daily, I'd be thinking lower....

Good luck dude!