Spike's Scientific Stock Analysis

[dmk112]

spike, i've had a blast trading the YM's with you but I must now go back to work after this time off. Just when I had it all figured out. lol

This is why I will continue to test my technique on forex since its 24 hours So i can trade when I get home from work hehe If it does well I will probably start a journal here on the board, not sure if anyone trades forex here but maybe they will become interested.

[Websman]

spike, i've had a blast trading the YM's with you but I must now go back to work after this time off. Just when I had it all figured out. lol

This is why I will continue to test my technique on forex since its 24 hours So i can trade when I get home from work hehe If it does well I will probably start a journal here on the board, not sure if anyone trades forex here but maybe they will become interested.

I'm very interested, in forex, YM's or any other futures. I even wouldn't mind trading some commodities...

Please, post everything you can about em.

[IIC]

Greetings,

Sweet Heaven has anyone noticed HANS?

Unbelievable action,how high will she go?

The only stock you needed to own the last 2 years.

cordially Tom

Yeah...that's nice...I bot at about 15 and sold about 25...rub it in

[IIC]

Speaking of eminis...maybe we should start a separate thread???...I'm in the process of learning about them...Still have a ways to go...I figure that I will be ready to try them out around the beginning of March...Doug(IIC)

[DSteckler]

<< I even wouldn't mind trading some commodities... >>

Trading commodities is a different ball of wax from trading stocks. Don't think that because you're successful at one you will automatically be successful in the other. There's a learning curve and other factors involved that aren't an issue with stocks.

[IIC]

<< I even wouldn't mind trading some commodities... >>

Trading commodities is a different ball of wax from trading stocks. Don't think that because you're successful at one you will automatically be successful in the other. There's a learning curve and other factors involved that aren't an issue with stocks.

Yes...that's why I am staying away from Forex..."Swim with the Sharks"??? Unless I at least "Think" I know something inside-out (And you never really do 100%)...I don't want to get involved...There is never any rush...The markets will always be there when you are ready...IIC

[dmk112]

I think you're a technician, forex is for you. There are so many advantages over stocks, yes they can bite hard, but if you're disciplined with stops, you can very well protect yourself. You don't have to worry about some idiot analysts downgrading your stock, the market is 24 hours so virtually no or little gaps, volatile in nature so there's always action, no sideways movement like the market for the past 4 years, you get up to 200:1 leverage!! and the mini accounts you can start with as little as $250. I don't know why anyone wouldn't want to do it, I really don't.

[Thomrich]

Greetings,

As a naive investor,would someone elaborate if possible the advantage of trading currency,and govt. debt?

Watching the ticker,they move in small increments,yet it is obviously where the real money trades.

Bloomberg constantly shows currency and debt,is it the 24hr nature that makes it attractive?

CNBC always shows Rick Santelli,and treasuries every morning,and I wonder why anyone would care about fractional moves?

Any opinion would be appreciated.

cordially Tom

[DSteckler]

Yes...that's why I am staying away from Forex..."Swim with the Sharks"??? Unless I at least "Think" I know something inside-out (And you never really do 100%)...I don't want to get involved...There is never any rush...The markets will always be there when you are ready...IIC

Forex isn't commodities.

[ParkTwain]

Forex and futures are much more highly marginable than stocks.

[Adam]

Spike, you seen WBMD lately? I can't believe it's still goin, bet it will keep it up. It's one of those companys that mostly exist on the web. It's a simple concept but it is one in the next years that will produce $$$$$$

[IIC]

Forex isn't commodities.

Guess that's true...but I'm still staying out of it...Doug(IIC)

[spikefader]

I think you're a technician, forex is for you. There are so many advantages over stocks, yes they can bite hard, but if you're disciplined with stops, you can very well protect yourself. You don't have to worry about some idiot analysts downgrading your stock, the market is 24 hours so virtually no or little gaps, volatile in nature so there's always action, no sideways movement like the market for the past 4 years, you get up to 200:1 leverage!! and the mini accounts you can start with as little as $250. I don't know why anyone wouldn't want to do it, I really don't.

Which broker are you intending to use? Hope it's someone reputable. If it's one of those commission free/built into spread brokers dmk, please understand this: they flash extreme prints and your fills will suck. I think many FX brokers are crooks and if you're trying to scalp and you'll be frustrated at the fills and the inefficiency of the broker's prices and the open market prices. They just don't move in line. They favor the movement for themselves, flashing the wicks and tail prices to make it appear on a chart they're trading in line with the open market, but they're not really. And often they're bidding and asking in volume so scalpers are lucky to get filled. So what you're left with is the exposure to fast moves against you while you're messing around trying to make a buck with smaller moves. Unless you're a swing trader I'd recommend that you leave those brokers alone.

And as far as FX compared to stock downgrades, consider gov't interventions. They suck when it's against you.

I'll repeat my warning and caution. FX is for those who are experienced in FX. Don't commit money until you've followed that market for a long time.

[spikefader]

Creme of the Crop #1 is standing +8% MCO open.
Creme of the Crop #2 is standing +13% WDC, MDR, RGLD, USG, CIB & PKD open.

[spikefader]

Spike, you seen WBMD lately? I can't believe it's still goin, bet it will keep it up. It's one of those companys that mostly exist on the web. It's a simple concept but it is one in the next years that will produce $$$$$$

Here is the chart from last week:



and you can see today that it's done 3 up and it's doing the 4 down. Anther example of a great 'c' long. And a great ascending triangle with target exceeded.