Spike's Scientific Stock Analysis

[Websman]

If he had a sell order in, he should send a box of goodies to Howard Stern!

-Dave

I've never been a big Howard Stern fan...until now! Howard ROCKS!!!


I didn't sell today and won't sell tomorrow. SIRI is my one and only, long term hold. I realize that SIRI will probably retrace, but, in this case it doesn't matter. I'm looking at holding for at least two years before I sell. Howard is only part of the big picture. SIRI also has the NFL. The subscription rate is growing faster all the time. Trust me when I say, that SIRI will go much higher before then.

I consider SIRI as my dream stock. Dreams are what drives the human spirit!

[Websman]

I'm happy about SIRI, but sad about NUTR...Up $1.35 today.

What do you think Spike? Could this be a bullish sign for NUTR?

[spikefader]

I've never been a big Howard Stern fan...until now! Howard ROCKS!!!


I didn't sell today and won't sell tomorrow. SIRI is my one and only, long term hold. I realize that SIRI will probably retrace, but, in this case it doesn't matter. I'm looking at holding for at least two years before I sell. Howard is only part of the big picture. SIRI also has the NFL. The subscription rate is growing faster all the time. Trust me when I say, that SIRI will go much higher before then.

I consider SIRI as my dream stock. Dreams are what drives the human spirit!

OK crazy. Hold it, dump it, it's yours to control. But seriously, what you are feeling today is commonly known as the emotion of glee/greed. It is clouding your vulcan vision!

You are correct; SIRI is going to retrace. But you are incorrect; it DOES matter. It's money in your hand that you're now quite happy to throw to the wind just because of a big up day.

Come to yer senses and take your profit, and buy it back when the gap fills! And believe me, that gap today WILL fill, maybe even the one at 3.00. The first one might be a runaway gap that doesn't fill for a while. Who knows? But the law of averages is against you Webs 'ol pal.

[spikefader]

I'm happy about SIRI, but sad about NUTR...Up $1.35 today.

What do you think Spike? Could this be a bullish sign for NUTR?

Happy.....sad.......oh boy.
Yes, the NUTR move is clearly bullish. It closed in the gap so it looks like it wants to fill it. But no way I'm takin' it long. Why? Significant channel break. Major resistence at 16.20 (channel from the top, channel from the low, and the gap resistence).
The band squeeze we watched surely pointed to a big move, I told you that. I just wasn't prepared to risk it on the long side. There are good times to enter a stock and bad times. Now is a bad one in my opinion to consider NUTR long. There are many great long charts out there. Seek and ye shall find.
Good tradin'!

[spikefader]

Greetings Spike,
Would you consider at your convenience a look at TMWD?Earnings are coming in 2weeks and competitors are doing well.

It looks to me like a nice climb coming,not sure about an entry.Any input would be great,dont want to miss another EVOL.
cordially Tom

I like TMWD long. Check it out. Look for good R/R entry like channel long day or at S2 after a big down day.

[Michaelk005]

I also like TMWD, looks like a nice channel up. Congrats to our QQQ call today spike, nice move up should be followed by a sell off tomorow in a few teck stocks, I will sell my CSCO for a nice $ profit. I will be back in gold stocks soon since I feel we will have a A, B, C correction after wave 5. I'll go back into QQQ when we hit C wave. How do you feel about CDE tomorow, I spot a 6cent gain?

[Websman]

OK crazy. Hold it, dump it, it's yours to control. But seriously, what you are feeling today is commonly known as the emotion of glee/greed. It is clouding your vulcan vision!

You are correct; SIRI is going to retrace. But you are incorrect; it DOES matter. It's money in your hand that you're now quite happy to throw to the wind just because of a big up day.

Come to yer senses and take your profit, and buy it back when the gap fills! And believe me, that gap today WILL fill, maybe even the one at 3.00. The first one might be a runaway gap that doesn't fill for a while. Who knows? But the law of averages is against you Webs 'ol pal.

With all do respect, I must stick to my guns and disagree. My vision is not clouded at all. My SIRI position is not about short term moves at all. As a matter of fact, I'm not even looking at the chart on SIRI. I bought SIRI with a plan to hold for a few years, without selling, as I could see enormous potential for satellite radio's growth. I will stick to my plan and continue holding my SIRI shares.

I maintain my belief that Satellite radio is going to be huge!

I still have plenty of $$$ to trade with...sooo...Let's trade!!! lol

[spikefader]

With all do respect, I must stick to my guns and disagree. My vision is not clouded at all. My SIRI position is not about short term moves at all. As a matter of fact, I'm not even looking at the chart on SIRI. I bought SIRI with a plan to hold for a few years, without selling, as I could see enormous potential for satellite radio's growth. I will stick to my plan and continue holding my SIRI shares.

I maintain my belief that Satellite radio is going to be huge!

I still have plenty of $$$ to trade with...sooo...Let's trade!!! lol

Say what??!!! Not even lookin' at the Chart!! eeckads man! ~jk~
Alright you stubborn Vulcan! If that's yer plan then I'll let you off the hook and tell you you're doin' the right thing by sticking to it.
It's just I'm worried you're gonna feel "sad" when the price falls to fill that gap hehe. Nuf said.

Yes, let's trade indeed my friend! Don't suppose you looked at Ebay?? Nice move from the get go

[Websman]

Ebay does look good, but I missed the entry today. If they would only let me trade at work...they just don't understand. lol

[spikefader]

I also like TMWD, looks like a nice channel up. Congrats to our QQQ call today spike, nice move up should be followed by a sell off tomorow in a few teck stocks, I will sell my CSCO for a nice $ profit. I will be back in gold stocks soon since I feel we will have a A, B, C correction after wave 5. I'll go back into QQQ when we hit C wave. How do you feel about CDE tomorow, I spot a 6cent gain?

Thnx. The plan came together today. Yes, I agree there will be a correction. Just a matter of timing it. I'd like to get short the Qs when it goes....
Ya, CDE, I'm retargeting to the gap over 6.00 or until I get reversal signal.

[spikefader]

Oh, and forgot to mention Vector remains bullish as at today's close, so bias is still long

[spikefader]

QQQ buy point today.

http://img.photobucket.com/albums/v145/spikefader/Trading/QQQlongpointOct7.jpg

[spikefader]

Vector remains bullish for Friday and holding QQQ long.

[spikefader]

SBC Ready to rock and roll:

Buy the pivot intraday at 26.92 or S1 at 26.78 a nice pattern. Target 34.00, so 4% risk from pivot would be 25.84 stop loss. I'd prefer 2.5% risk stop loss at 26.24, under the open of the start of the flagpole.

[spikefader]

SIRI:
What can be learnt from the weekly?? Much! Learn to spot the critical points in a chart - before a move happens. How does a chart whisper? Look at enough of them and you'll eventually 'get it'. These are the kinds of setups I regret not 'seeing' in advance.

The move in Dec would arouse one's bullish emotions, but entry there was chasing a 5th wave and would frustrate, likely stopping out. Patience for the correction and enter at the channel long (gray arrow or belatedly the purple), which happens to be the C wave, doubles your money quickly.

Lesson: Don't chase a 5th for a swing trade, but plot the C, target the resistence and then retreat to safety while you let the chart speak to you once again.

Webs - I hope that I am completely wrong about the gaps filling, and it rockets for you - and hey, it may well do that. But a gap is a gap until it's not, and many of them fill. They can't all be runaway gaps, as much as we'd like them to be

On a daily chart, I am looking for a 'handle' to form, and entry long near 3.35 is the play (50% retrace of the last 7 day move up, and the likely A wave). That is gap fill support, and it is where the clever plans are plotted.