Spike's Scientific Stock Analysis

[spikefader]

Did you place the strattle on GOOG like you were talking about?

Thnx fer the reminder lol I've updated the options thread with the lesson I learned re out of money puts with a big gap down in a strong stock like GOOG. Closer to the money would have worked ok. Premium just too high for my liking with GOOG.

[TFred]

Greetings Spike,

Can you give an opinion on this?



A buddy of mine owns this years ago,and is getting excited that its gonna run.Im unsure of the pattern,it appears to be at resistance,but volume is booming.Since its a 3year weekly,money flow has been ugly,but is starting green,any thoughts ?

cordially Tom

[spikefader]

Spike, I know you are pretty busy. I was hoping you could offer your view on
GNTA. It's breaking out and has more than doubled the past 3 weeks and I was
hoping to get in. Do you recommend stalking it some more?

What's your crystal ball say?

Thanks in advance!

Hi kc,
If you're following the c long thread at all you'll know that GNTA provided a nice c long entry that I passed on cuz I didn't like the money flow for it. It's since produced a huge 1 off that c and I'm left with "Doh!" written on my forehead

As far as channels go, it's got big upside potential on the weekly, and it's booming on the daily. The money flow sucks bilgewater and I wouldn't trade it cuz of that. But I'm picky. It may well shoot to the stars but it'll be doin' it without me until it shows it get get green money flow happening.

But if you're looking for entry, consider the handle entry, or if you wanna be real aggressive, buy the impulse corrective that's coming....

Daily gap support 3.05 might be a good play; a 4% stop is the other side of the gap, which is good. If the gap doesn't hold you don't want it long, since the volume is so high.

Good luck dude!

[spikefader]

Spike, TRLG might just be in the "C" territory, what do you think?

Hiya dmk, good ta see ya.

TRLG doin the 'a' right now. It's goin' straight on the stalk sheet; thanks!

[spikefader]

Never noticed this one until this post . . . been very hot, but stopped today at R1, and what's more concern to me, is approaching R2 at $6.25. Still that makes a nice cup . . . or double top. What's Spike's plan here?

SABA: well it looks like it's in a 3, so I'm gonna watch it fer a while and see.

But the funny thing is somehow the SPIKE fund ended up with it today. I don't remember buyin' it lol maybe a software glitch hehe either that or someone has hacked into my fund! lol

I'm tossing up whether to just keep it.

[spikefader]

Greetings Spike,
Can you give an opinion on this?


A buddy of mine owns this years ago,and is getting excited that its gonna run.Im unsure of the pattern,it appears to be at resistance,but volume is booming.Since its a 3year weekly,money flow has been ugly,but is starting green,any thoughts ?

cordially Tom

I think he may be right that it's gonna run Weekly channel action booming with volume, very nice. Major channel resistance about 1.90. Impulsive with volume and gaps. But looks to be in a 5th (subwaves in the 3rd) so look for the abc correctives soon. Stalkin that one too now thanks.

A weekly close over 2.00 would be a good thing fer bulls. It may be a good one to anticipate a handle on the weekly too... but ya never know if one's gonna come or not....look at TRAD for example....just impulsed right up through it.

Anyway, I like it long, but any spike up for this one has the potential to get sold. So a run to 2.00 might sharply correct to 1.40 and frustrate a little.

This will be a good 'c' to buy I think. He may wanna add there.

[spikefader]

AMLN:

Well the pattern called fer it

36.40 the place for bulls to add.

[New-born baby]

Bear Alert!

Well the pattern called fer it

36.40 the place for bulls to add.

Spike,
I bailed yesterday the very instant you posted that chart. Thanks. I needed that. (I never take a Spike bear-alert lightly ).

Having said that, I am not quite so sanguine about $36.40. Of course, I am wrong often enough.

VLO and KWK and PBR are taking a heavy beating the last three days. You'd think oil was $40 again. VLO trades with so much volume, it jerks around like GooG. They need another stock split, IMO. Chart says $70 is in the cards. Yet VLO seems to be making a bearish broading pattern also. What does the Spike see?

[spikefader]

Spike,
I bailed yesterday the very instant you posted that chart. Thanks. I needed that. (I never take a Spike bear-alert lightly ).

Having said that, I am not quite so sanguine about $36.40. Of course, I am wrong often enough.

VLO and KWK and PBR are taking a heavy beating the last three days. You'd think oil was $40 again. VLO trades with so much volume, it jerks around like GooG. They need another stock split, IMO. Chart says $70 is in the cards. Yet VLO seems to be making a bearish broading pattern also. What does the Spike see?

Glad to be of service! hehe Smart move dude.

VLO: I agree they do need another split. Long-term those gaps on light volume and the rising wedge worry me. Weekly money flow bearish zero line reject combined with stall and daily profit-taking tag are whispering that it might be toppy. Under 55.00 and I'm neutral and under $47.50 I'd be a bear looking for gap fills I think.

I'm trying to post charts but imageshack is down. I'll try again tomorrow.

[TFred]

I think he may be right that it's gonna run Weekly channel action booming with volume, very nice. Major channel resistance about 1.90. Impulsive with volume and gaps. But looks to be in a 5th (subwaves in the 3rd) so look for the abc correctives soon. Stalkin that one too now thanks.

A weekly close over 2.00 would be a good thing fer bulls. It may be a good one to anticipate a handle on the weekly too... but ya never know if one's gonna come or not....look at TRAD for example....just impulsed right up through it.

Anyway, I like it long, but any spike up for this one has the potential to get sold. So a run to 2.00 might sharply correct to 1.40 and frustrate a little.

This will be a good 'c' to buy I think. He may wanna add there.

Greetings,

I hope I can send some your way,since you've guided all of us.I'm lost on the waves,but one thing I did see was the volume,and it still has Friday to add to the weekly.It will be the biggest volume week in 3 years,and significantly up ,in a down week overall.Im thinking I'll buy in bits on any weakness.Thanks again.

cordially Tom

[TFred]

Spike,
I bailed yesterday the very instant you posted that chart. Thanks. I needed that. (I never take a Spike bear-alert lightly ).

Having said that, I am not quite so sanguine about $36.40. Of course, I am wrong often enough.

VLO and KWK and PBR are taking a heavy beating the last three days. You'd think oil was $40 again. VLO trades with so much volume, it jerks around like GooG. They need another stock split, IMO. Chart says $70 is in the cards. Yet VLO seems to be making a bearish broading pattern also. What does the Spike see?

Greetings NBB,its Tom,formerly Thomrich.

Ive exited all energy trusts for the shoulder season.The only 2 moving nice are PTF and ERF in the duals.I anticipate both to tumble hard one of these ex-dates,ERF's US yield is under 7%

Also PBT is about to have another sell from BR.And HGT is being sold by XTO.IMO some feel its a good time to sell energy trusts yielding 11+%.

cordially Tom

[IIC]

Greetings NBB,its Tom,formerly Thomrich.

Ive exited all energy trusts for the shoulder season.The only 2 moving nice are PTF and ERF in the duals.I anticipate both to tumble hard one of these ex-dates,ERF's US yield is under 7%

Also PBT is about to have another sell from BR.And HGT is being sold by XTO.IMO some feel its a good time to sell energy trusts yielding 11+%.

cordially Tom

Why the name change T???...Ex lookin' to Strangle you???

[spikefader]

...VLO...I'm trying to post charts but imageshack is down. I'll try again tomorrow.

Here ya go NB.

[spikefader]

YM tagged me out for -15 overnight. Missed an 10840 swing short this morning and stalking.

[New-born baby]

Vlo

Spike,
Thanks for the VLO prognosis. I appreciate it