Spike's Scientific Stock Analysis

[Runner]

HANS 'a' completion?

This Was a great job Spike on EW

[spikefader]

Spike,

Thanks for your input. This one is giving me trouble.

"There are better plays I think" is an understatement. There are
1000's of better plays! Unfortunately for this particular account
it's either this stock or mutual funds.

I'm not pleased with some of the fund choices and returns so
I'm trying to figure out how to short term trade this stock to
boost the mediocre mutual fund returns.

I wish I could pick another stock!

Many thanks for the insight.
Shadow

OK then let's attack that chart and see what else we can dig up! I'll post that chart in a few minutes..

[spikefader]

OK, a few mins stretched a bit lol

Here's the weekly and daily.

[spikefader]

Spike,
Ya know poetic license is ok with me.

Thanks dude.

I liked the chart and the EW count the other day on SNUS an ended up buying 2000 shares on that one you brought to the table.

Cool. Hope it booms for ya

[spikefader]

This Was a great job Spike on EW

Thanks Runner! Fine artwork yerself there

I particularly like the colors I chose. hehe

[Shadow]

Spike,

Thank you for the MRK chart work-up. Your great!

A shout out / update would be much appreciated.
This one may be rough thru next trial date (1/29).

Shadow

[spikefader]

Taking profits YM swing short +139 here at 10777. Stalk.

[mystiky]

How is RELV looking?

Spike,

I got into RELV at the open today. Heard that it's moving into IBD100 come Monday (first ever debut and they say around #20), and also like the fact that it has broken out to an all-time high today on very big volume (for it). I assume its going to close above 15.60.

Anyhow, where do you see the "resistance" for this leg up? Around $17?

Everyone's comments are appreciated!

[spikefader]

Tom,

Re http://www.mrmarketishuge.com/showpo...postcount=6260

[spikefader]

Long YM 10708. 20 pt stop.

[Runner]

Spike, what is your take on FRD. It was one of MM’s picks a while ago. I noticed the bands got tight on it and seems to have popped today

[spikefader]

Spike, what is your take on FRD. It was one of MM’s picks a while ago. I noticed the bands got tight on it and seems to have popped today

Sure did pop lol Amazing in the face of blood in the streets. Maybe a sign that it's in surgery for a face lift hehe

[billyjoe]

Spike,
I tried to wake the bull today. Should have asked Lye ahead of time how hard to hit his head.

billyjoe

[spikefader]

Spike,
I tried to wake the bull today. Should have asked Lye ahead of time how hard to hit his head.

billyjoe

lol I'll say. What an ugly ugly day.

[spikefader]

Spike,

I got into RELV at the open today. Heard that it's moving into IBD100 come Monday (first ever debut and they say around #20), and also like the fact that it has broken out to an all-time high today on very big volume (for it). I assume its going to close above 15.60.

Anyhow, where do you see the "resistance" for this leg up? Around $17?

Everyone's comments are appreciated!

Congrats mystiky!!! You got a nice little 5th impulse today in the face of market weakness.
Isn't EW just the coolest thing! On the 6 month chart looks like it's doing a 5th within a 5th. It boomed on the weekly chart 5 weeks ago, and after the correction has proceeded up again. Profit-taking will probably happen around 16.80 if it's going to - that's the upper weekly major channel. The daily is around there too. Money flow is great.

I'd start looking at intraday patterns around 16.80 and hold it until it shows me solid resistance (spike up double top potential) or a break of support (neckline of SHS).

Good luck with it. It'll be worth looking for the larger correctives in several weeks. Shout the c on the weekly if I miss it!