Spike's Scientific Stock Analysis

[spikefader]

Spike,
BTH , GY , and LEA are slime ? You're talking about my retirement stocks there !
Just kidding , but don't you think one of the best ways to rile up a bull is to start charting for shorts ?

billyjoe

lol heh, yep, I guess it is a good way to get a bull all huffy! But a smart bull is always on the lookout for weakness in a chart so they can find another good bulllish stock to ride, so smart bulls might be thankful for the bears that open their eyes for them hehe

[spikefader]

SCOTC: Added GOOG @ 401.00 and AET @ 93.17 support areas. Add to MCO 57.30 current level bullflag breakout after triple top breakout.

Fully loaded again.

[spikefader]

[spikefader]

SCOTC consolidated, i.e. adds are averaged out by QT for the total average gain loss per position no matter how many adds there have been.



Summary of eliminations:
BSCI -4%
AGN -4%
GEAC +1.2%
RATE -4%
CHRW -4%
GILD -4%
SYNC -6.5% (was an add)
MCRS -1.82%
CB -1.2%
BER -2%

when those losses averaged out over 20 postions, it's -1.5% average for the port. So subtract 1.5 from that green +0.79% total above. So system port is -0.7% currently. It's hangin' in there.

[spikefader]

Slime of the Swamp:

SLE eliminated for even and directed to OSIP, the leading short.

[spikefader]

Tom,

Did ya get another chance to short OSIP? I see it's on the Slime of the Swamp list, with lots of momo on the downside at the moment. That triangle pattern I posted the entry for has been resistance, and price falling about 3% from there. Working on another channel turn down on the daily I see. I'm seeing 10.00 as a possible longer term target. You did have a nice r/r yesterday, but even at current levels shorting 24.10, it's still sub 4% risk if you use the same stop area. But 1% risk is 4 times better the entry! doh!

[billyjoe]

Spike,
I say the SOTS port stinks even if it makes money.


billyjoe

[spikefader]

SSOTS update:

closed out WPI for -0.5% and switched it to our leader OSIP.
closed out MVL for -1% and switched it to CE the current runner up.

[spikefader]

Spike,
I say the SOTS port stinks even if it makes money.
billyjoe

Really? How come?

[billyjoe]

Spike,
Because of the swamp and the slime. But, seriously ,Spike, can you see any difference in the time it takes for a good short to respond to bad news vs. the amount of time for a long to respond to good news . In my limited experience with shorts it seemed a person can hesitate longer after bad news and still make $$ shorting. With longs once you've heard the good news it's too late.

billyjoe

[spikefader]

SCOTC: wasn't fully loaded; had 1 add left. Just added GOOG 402.28. Now fully loaded with 20 positions again.

[spikefader]

[spikefader]

Spike,
Because of the swamp and the slime. But, seriously ,Spike, can you see any difference in the time it takes for a good short to respond to bad news vs. the amount of time for a long to respond to good news . In my limited experience with shorts it seemed a person can hesitate longer after bad news and still make $$ shorting. With longs once you've heard the good news it's too late.

billyjoe

heh, ya, you're right. Bad news seems to have a deeper effect than good news. And stocks that slip big becuz of it tend to be slippery and weak and spike ups get sold into rather than bought. Fact is, on average, stocks fall faster than they rise. So for that reason perhaps it's easier to short. But lots of people fear it. There really isn't ANY difference to me. So you may get a squeeze. How is that different than a plunge like ELN suffered after bad news? It's a risk long or short.

[Lyehopper]

Yo Spike!

Wonder if that last post I made on Cash's thread will get a response?.hehehe

"GMBY is da best stock in Kaulifornnyyaaa"!

[spikefader]

For Bears: