Hot Pick Of The Day

[New-born baby]

What do you think of the possibility that SWHC is forming the very tippy-top of its right shoulder? This is almost like bottom fishing, but the opposite mindset...

Excellent work Peanuts and Spike! Gotta love the stuff you two, and Runner, and this GWHIZ kid is posting over here! Great going! And keep it up!

[spikefader]

Re: SWHC.

Peanuts, just posted a short setup at intraday pivot with r/r of 21. Early price action would have filled a short at the pivot nice numbers there Again, good spotting, and thanks for the heads up.

http://www.technicaltrades.net/2006/10/25/swhc-short/

[spikefader]

NEW born,

I keep hearing the term "fuzzy C". Do you think you could explain to me what this means?
I googled it and found nothing related to stocks.

Your wisdom would be much appreciated.

Hi Gwhiz.
There's a page on my site with an intro to what a Fuzzy C/Fuzzy Counting is. I'll be adding some example charts soon. You can also do an advanced search at this site with the keywords "fuzzy C" and "spikefader", and make sure you specify that you want "posts" and not "threads", you'll get lots of individual posts with example charts.

A brief description is that I've simplified formal Elliott Wave Analysis, apply fuzzy logic/partial truth logic to the rules, and changed the rules to limit the correctives to 'c'. Price often moves fast away from a Fuzzy C. It's an edge.

[spikefader]

What do you think of the possibility that SWHC is forming the very tippy-top of its right shoulder? This is almost like bottom fishing, but the opposite mindset...

Peanuts,

Fine spotting. I like this kind of pattern anticipation/interpretation. I'd chart it this way:

[Gwhiz]

Thanks for dropping some knowledge Skiracer, good to knwo what people mean.
STKy gave me the TA CD by Martin Pring so I'm currently learning the basics of TA.

[skiracer]

NEW born,

I keep hearing the term "fuzzy C". Do you think you could explain to me what this means?
I googled it and found nothing related to stocks.

Your wisdom would be much appreciated.

Spike coined the phrase "fuzzy" for any setup, and this one is in the Elliot Wave count that comes after the 5th wave up terminates and a corrective 3 wave count, the a, b, and c wave takes place that is a little off from the true definition of what you might be talking about. After the completion of the c wave down it's a good time to look for a spike up. Fuzzy is only the terminolgy for something which is not altogether exactly like the true definition of the term or phrase but close enough to use in the same manner if it works for you. So it's a little off from the true definition but still fits. In this case you would need to know alot more about Elliot Wave counts and how you go about counting them within a chart pattern.

[peanuts]

Smith and Wesson

What do you think of the possibility that SWHC is forming the very tippy-top of its right shoulder? This is almost like bottom fishing, but the opposite mindset...

[Gwhiz]

NEW born,

I keep hearing the term "fuzzy C". Do you think you could explain to me what this means?
I googled it and found nothing related to stocks.

Your wisdom would be much appreciated.

[New-born baby]

If he liked it then, he'll surely like it now!

Huge, Runner, Huge!

Peanuts,
Runner is always huge. That man knows how to sift through the market to find the gold. Great going, Runner! And keep posting those picks!!

If he liked it then, he'll surely like it now!

Huge, Runner, Huge!

PCP slipped by me. I would hate to be short steel today!!

[peanuts]

NB, do you like PCP?

If he liked it then, he'll surely like it now!

Huge, Runner, Huge!

[Rob]

New-born Baby, you may be interested to learn that God did not prescribe the drinking of wine or any other liquid as part of the Passover celebration. It is generally understood that using wine in association with the observance was a custom that developed some time after the Jews returned from Babylonian exile in the 6th century B.C. and possibly even as late as the 2nd century B.C. While Jesus was highly critical of man-made additions to the Mosaic Law, he apparently found nothing wrong with this custom.

Getting back to the original point of the whole discussion, it is fine for people to make a personal decision to abstain completely from alcohol, and in fact for some it is even advisable. It is another thing entirely to take the position that it is wrong according to Holy Scripture. That is adding to God's Word, and that's just as bad as taking something away from it. (Deut. 4:2; 12:32)

[skiracer]

Ski,
Question for you: (and I ask this as a friend) Since family relationships are very important, and since you love your sister and her family, don't you think that they are more important than abstaining for just a few hours? I mean, does abstaining for a few hours while you visit work such a hardship for you that it would cause you to have to quit visiting them in their home?

You don't have to answer. I just want to place the thought in your mind.

I have gone over this plenty of times in my head and I come up with the same answer everytime. Things should be equitable on the part of all parties concerned. They will not come to my house because I'm going to offer wine, beer, or mixed drinks for everyone that cares to have a drink. I'm way past getting drunk for pleasure or anything of that sort and I won't have that kind of conduct in my house for a number of reasons. Plenty or valuable artifacts, glassware, antiques ets. and I don't want anyone breaking anything that is a keepsake of mine. But be reasonable don't you think. If they would meet me halfway I could easily do without the alcohol at their house but deal with the offering of alcohol at my house and when in my house with my guests why do they feel the need to preach and convince others that their way is the only way.
I don't like the way the whole thing has played out as far as going to each others houses but that is the way that it is. I love all of them and there is no other problem in our relationship except for that regarding the alcohol. I don't claim to have an answer for this. I don't think that they are being reasonable.
I was brought up Catholic and spent from the time I was 7 or 8 to I was almost 14 as an altar boy. I served 4 masses every Sunday from the 7 am mass to the 11 am mass. And I mean I never missed a Sunday unless I had a temperature of 104 or so. It took up half of my Sunday for 6 or 7 years running. The whole family has always been church orientated because my mom and dad had it that way. Somewhere along the line they all became Born Again Christians, and so did I, but never gave up my Catholic beliefs and church practices. They became very set in their ways and will not compromise in any way. They deserve to believe and practice what they want and so does everyone else without being told that you are wrong because you don't agree 100 % with their beliefs. It's a hard call.

[New-born baby]

I could not disagree more with Mr. Stein. To even suggest that the wine, of which Jesus said "This is my blood" (Matt. 26:2, was some watered-down admixture is utterly preposterous. That wine was symbolic of Jesus' own blood, which was used to mediate a new covenant, or "testament," with his followers. To suggest it was watered down is tantamount to implying that Jesus' blood was something less than pure. There was no leaven in the bread; there was no water—or any other impurity—in the wine. That is my thought on the subject.

Rob,
Thank you for your thoughts.

I think you'll agree with these points:
1. God commanded the Passover meal and how it was to be served,
2. Jesus ate the Passover Meal with the God prescribed ingredients, served according to God's commands. (i.e., wine with unleavened bread)

As you said, the wine was a symbol. It wasn't the actual blood of Christ. I do agree that it was the prescribed Passover meal. And if the usual way the Jews drank wine was to cut it with water, it doesn't pose a theological problem for me because: 1. it was a symbol, and really has only memorial significance with our salvation ("Do this in Remembrance of Me"), and 2. if this was the usual way the Jews drank wine, and since wine was what God prescribed for the Passover meal, God chose the symbol of using wine that was normally cut with water. In other words, have you considered the possibility that the wine prescribed in the Old Testament was cut with water also? That it always was a low alcoholic content?

Beyond that I don't think we should press the symbols too closely. For example, God used a sheep to symbolize the blood of Christ at the Passover. I wouldn't press the fact that the blood came from a sheep to imply anything about Jesus' blood. The sheep's blood only symbolizes the blood of Christ. And in the same way I would not imply anything about our salvation because of the wine, other than to say it symbolizes Christ's blood.

Thanks for the post, Rob.

[New-born baby]

I think that you could argue this point until you are blue in the face. Most born again Christians will go along with what the Bible states verbatim, and that is their choice and they should be able to believe in what they choose, and you are not going to convince them otherwise. My sister and brother-in-law are ministers and have a rather large church and congregation. They don't drink any wine or spirits of any nature and won't have it in their house. That makes the holidays and special events hard to take for me at their house. If I go there they won't offer or have any alcoholic beverages of any type. They won't come to my house because they don't want to be around the alcohol. An impasse. Who is right and wrong here. I just don't go by their house for any affairs anymore. We still talk and everything else is ok but I just don't go there because of it and they won't come to mine.

Ski,
Question for you: (and I ask this as a friend) Since family relationships are very important, and since you love your sister and her family, don't you think that they are more important than abstaining for just a few hours? I mean, does abstaining for a few hours while you visit work such a hardship for you that it would cause you to have to quit visiting them in their home?

You don't have to answer. I just want to place the thought in your mind.