Spike's Scientific Stock Analysis

[Peter Hansen]

Spikester "Let The Bulls Run"

Spike speaking of BULLS 2 more for ya .......LMIA and MEK look like two honeys......... MAY buy these 2 plus SMXC from yesterday . By the way MFLX, TIE and SMXC did well yesterday. Spike any input on LMIA and MEKwould be helpful......lets make some CASH !

[New-born baby]

Yield to the expert: Spike

Spike speaking of BULLS 2 more for ya .......LMIA and MEK look like two honeys......... MAY buy these 2 plus SMXC from yesterday . By the way MFLX, TIE and SMXC did well yesterday. Spike any input on LMIA and MEKwould be helpful......lets make some CASH !

Pete,
Spike's the man, but I just looked at these two charts, and I like LMIA because the breakout has pulled back to retest the handle. I am anxious to see what Spike has to say about these two. They both are looking good on the charts.

[Peter Hansen]

New Born Thanx for your Input !

Pete,
Spike's the man, but I just looked at these two charts, and I like LMIA because the breakout has pulled back to retest the handle. I am anxious to see what Spike has to say about these two. They both are looking good on the charts.

New Born,

Always glad to hear from ya Padre! All the guys here have helped me with the charts . With All this intelligence.....we have to make money!

[DSteckler]

Great call on TIE, Spike.

[Lyehopper]

Pete,
Spike's the man, but I just looked at these two charts, and I like LMIA because the breakout has pulled back to retest the handle. I am anxious to see what Spike has to say about these two. They both are looking good on the charts.

NBB.... DUDE!!!! I love LMIA. I discovered this company a good while back.... They prove that a small domestic CNC job shop can make it to "the big time".

[spikefader]

YM swing sitting at +145 and I missed an add signal back at 10905 (Doh!) so I'll bid there and see if it comes back for me later in the day.

Market thoughts; Dudes noticed VIX popped UP during that last DOW bullish pop at 11.52 eastern. This is extremely bullish action dudes and whisper that we're headed for a trend day up. Careful shorts out there this bull has sharp horns I fink!

[spikefader]

Spike speaking of BULLS 2 more for ya .......LMIA and MEK look like two honeys......... MAY buy these 2 plus SMXC from yesterday . By the way MFLX, TIE and SMXC did well yesterday. Spike any input on LMIA and MEKwould be helpful......lets make some CASH !

Thnx for those Peter. I'll do a few charts later in the day.

LMIA wonderful potential that one; falling back to an earlier 'c' (13.24 low) from December that started to get impulsive but falling out of it's pattern; obviously needs to search for support, but 13.24 area should be strong I'd expect.

The daily of MEK looks great money flow and volume gaps and impulsive behavior, but getting a little 'chasey' now. The weekly looks like it's stalk time too, maybe drawing it up will get me more excited about it. I think if it presents are really nice pattern it might be the fuel it'll need to tackle 18.00.

.
NOW YOU'VE GOT MY ATTENTION! HaHaHaHa!

hehehehe

[spikefader]

MFLX, TIE and SMXC did well yesterday.

I note that channel turn up for MFLX green lights the intraday pivot entry today; that's 51.67. 50.40 is the logical stop location for that entry, which is 2.45% risk on the play. Not sure about the target though.....is the r/r gonna be there for this one?

TIE didn't present that channel long entry, but it's workin' on a channel turn up today. If it closes as one, that "green lights" the pivot entry on Monday, which will be a nice setup if you can find a -2% stop location for it.

[spikefader]

USG Creme #2 superstock presents a lovely buying opp at these levels. Plunged from 86.00 down to 73.00 over 2 hours this morning. That's a 15% discount dudes. Volume high on this 1 min V bottom.....anyone game

Creme 2 still open, but sad to see those profits built up over recent days erased. Still bullish psar so who knows.....

[New-born baby]

USG Creme #2 superstock presents a lovely buying opp at these levels. Plunged from 86.00 down to 73.00 over 2 hours this morning. That's a 15% discount dudes. Volume high on this 1 min V bottom.....anyone game

Creme 2 still open, but sad to see those profits built up over recent days erased. Still bullish psar so who knows.....

I bought USG at $77.66, and to cover myself, sold the $9.90 $70 calls. $70 is the lip of the cup. Some insider dumping a boat load of shares

[ParkTwain]

USG's activity is being driven by the ups and down of asbestos legislation. You can't only depend on the chart.

[spikefader]

USG's activity is being driven by the ups and down of asbestos legislation. You can't only depend on the chart.

Eek! Who depends on charts around here?

But yup, one cannot depend on the chart; never ever. One can't even depend on faith of fundimentals, or news, or much of anything really.

EXCEPT: One CAN depend on solid r/r hunting, sound money management and discipline. Otherwise ya better get ready to depend on Depends?? hehe

[spikefader]

I bought USG at $77.66, and to cover myself, sold the $9.90 $70 calls. $70 is the lip of the cup. Some insider dumping a boat load of shares

I'm sure I will see the logic of your trade, but I'm a little confuzzed. Why sell the calls - or are you WANTING/PLANNING USG to drop to the lip before it rallies? Looking at that call price chart, it USG bounces and rallies hard from this, and those calls get back up to $16.00 then you've lost 61% on the call play, while only earning 12% on the stock. If you wanted to hedge your shares long, why wouldn't you just buy puts for it?

Unless your plan is for the stock to drop to the lip of 70.00, where you can cover those calls for $6.00 and make 39% on the call play and only lose 9% on the stock.

But if you're bearish short term on the stock, why not short it and hedge it with calls?

I just think the angle is not on your side with this one... THere's more risk selling those calls than justifies the exposure. Unless you're underweight the calls to give you a buffer if your long entry ain't a perfect one....

Just thoughts, and not criticisms. I wanna learn how you think with these plays.

Thanks NB! And good luck.

[ParkTwain]

You missed the word 'only ' in my post. I would think that you understand the notion of an "event-driven" security.

[spikefader]

NB,

Here are those USG charts:



Just noting those calls are asking 12.50 (-26% from your sell) as the stock rallies to 80.55 for maybe 4% rise in stock price.

But I'm sure there's logic in there somewhere for ya; I just can't see it yet perhaps.