Hot Pick Of The Day

[New-born baby]

Thanks Runner

Well good to hear from you NB. Glad you and your family had a great vacation. I bet you recharged your batteries and are now primmed to post hundreds of charts..lol..

Hey thanks for that awesome chart you drew up on AV.

Yeah, 100's of charts! You know, Spike came back in a big way while I was gone, so that was a blessing to everyone. He's magnificent, to say the least. I wish I was as savvy as he is. But I love your picks. I need to scan for stocks with the skill that you do.

Thanks for posting your scans. And God bless you.

[B.J]

Haven't had much time to post, but a...

BIG BELATED WELCOME BACK NEWBORN!!

[skiracer]

Ski,
That's exactly right. I love those Big Horn mountains. We did everything you did except we didn't go into Colorado.

That's for the good wishes. Missed your posts, too. Was thinking today that I need to ask you for your hottest pick, so I might consider jumping in on the action. So what is your latest and greatest pick?

God bless you, Ski.

I'm holding two positions right now. SIRI, which like Spike I thought was going to go off this past week and now now quite sure about it. The second one is STGN which I found early yesterday morning on the Briefing.com newswire and bought at $9.20. Decent gap up at the open on the breaking news. They are involved in developing testing equipment and procedures for drug companies. Lightly traded stock but have a few new and desireable products in the pipeline. This could be another VPHM.
I also like CAT alot. I mentioned it last week in my thread but never took a position an it blasted off without me. Has pulled back somewhat but looks to be setting up again.
I'm getting a little reluctant with the longs as the markets are due for some consolidation in my opinion.

[spikefader]

Haven't had much time to post, but a...

BIG BELATED WELCOME BACK NEWBORN!!

Ditto! Welcome back! We missed you. Hey, Newborn, was it you who posted a 'fear factor' chart several weeks ago and then I posted an ascending triangle for it. Can you post the updated chart for it or tell me where I can look for it?

And for Hot Pick of the Day for Monday, here's a real beauty: SWSI.
Wait for the break out, and return to 18.40 for the buy limit entry, to target a 5 wave completion on the hourly chart as pictured: (assuming the next open is in line with the plan/setup)

[skiracer]

Spike,
Is this one a pretty new issue?

[New-born baby]

Nice, Spike!

Nice post Spike.

Yes, the Fear Factor. I'll see it I can get a chart for you PRONTO.
Here's the chart from July 25th.

Our StockTiming Fear Index is still showing that investors are remaining positive and optimistic.

At Friday's close, the red and blue trend lines were losing a little steam as the red line appeared to
be rolling over a bit. This indicates that we may see more intra-day volatility rather then fear setting
in as all indicators are still up in the No Fear Territory.

[spikefader]

Spike,
Is this one a pretty new issue?

You betcha. A day old baby.

[spikefader]

Nice post Spike.

Yes, the Fear Factor. I'll see it I can get a chart for you PRONTO.
Here's the chart from July 25th.

Our StockTiming Fear Index is still showing that investors are remaining positive and optimistic.

At Friday's close, the red and blue trend lines were losing a little steam as the red line appeared to
be rolling over a bit. This indicates that we may see more intra-day volatility rather then fear setting
in as all indicators are still up in the No Fear Territory.

Thanks! Hey, do us a favor bro and next time you see that down in Extreme fear.......post it! It'll be a nice reminder to us all that it's the time togo long, not short!

[Thomrich]

Greetings,

At least your bear is cuddly looking,could it be a friendly bear to the bull?

cordially Tom

[spikefader]

Greetings,
At least your bear is cuddly looking,could it be a friendly bear to the bull?
cordially Tom

Yes, absolutely. I'm not even expecting much out of this bear. I'm still liking the fact that we are still in impulse 3 in the Naz and Qs and SPX, and at a stretch the Dow (although the Dow is less impulsive lookin). I won't be surprised if my Avitar changes on Monday close.
I'll remind everyone about how it works. I get led by the secret Vector thingy. It can give false signals and chop, and I'll change to whatever that points to. The reason I do that is to catch the trend as early as possible. Now, my long-term bias is bull. And remember that recent $vix:$indu chart I posted that gave a big fat long-term buy signal 3 weeks ago when its support broke. I think any selling we get is just going to be corrective in a minor way. Look on the weekly QQQ chart, and if this really is an impulse bull in reaction to that weekly 'c' long I pointed out in April, then that means that at worst the Qs will sell to a corrective 2 of 5 of a bigger 3. Get it? I really think we are headed for a 5 wave move in response to the c long in April. That means a whole lot higher in this market.
So for tomorrow, I've got the corrective bear suit on. And hey, I could be absolutely 100% wrong about my bullishness, and the pattern becomes a double top on the Naz, Qs and SPX, and there's more selling than I expect, and that's OK, because I'll be with it.

And the great thing about being led by a very short-term trend leader like Vector is I'm going to be trading on the right side of the market, and if I'm wrong about it, and there's a bear trap movement, then I'm not going to be locked into that wrong perception, but I'll be reacting to the whispers of the market, listen to what the market tells me, as opposed to me trying to tell the market and everyone else what it SHOULD be doing according to my perception. You'll all note that I've been solidly bullish for a while now, and that's because I'm being led by a very sensitive trend indicator that has been full on in a bullish trend for all that time.

I'll actually be much happier to be bull again, but for now, let's see where this budding bear takes us to.

[dmk112]

Just wondering, how is it possilbe to get a chart of "fear"? I mean how do you they gauge it?

[New-born baby]

Look for yourself

Just wondering, how is it possilbe to get a chart of "fear"? I mean how do you they gauge it?

Go to WWW.Stocktiming.com and click on "FREE MEMBERSHIP." You can see it all for yourself there.

[dmk112]

Thanks NB.

[spikefader]

SWSI is it hot??

[spikefader]

stop even and target the 5th