BEL - Spike calls a bottom.

[mimo_100]

I installed foxfire about two weeks ago because a friend of mind said he likes it. So I just used it.... and I can see the charts now too. I then tried Internet explorer again and it worked.... Wonder why it wouldn't yesterday?

btw....It seems that foxfire is a heck of a lot quicker at loading the page. COOOL!!!!

what is the difference between firefox and foxfire? (laughing)

Tim

[Lyehopper]

what is the difference between firefox and foxfire? (laughing)

Tim

Very funny Tim.lol

[Runner]

[DSteckler]

With the 61.8% retracement level cut like a hot knife through butter, the next support level is the 200DMA, around 3.30. Bottom line is that this is one busted stock.

[sisterwin2]

chit chit chit

[New-born baby]

Next!

With the 61.8% retracement level cut like a hot knife through butter, the next support level is the 200DMA, around 3.30. Bottom line is that this is one busted stock.

Dave,
IMO, You are correct. Let's find something that is moving up and forget this sleepy stock

In the last month, BEL has gone from $5.25 down to $3.50--it currently has only 66% of the value it had a month ago--and no option chain. I think $3 is an easy target.

On the positive side, the RSI is oversold, and the STOs have fallen down to 8.35, so it should be running out of sellers soon.

I guess I'd have to say that $3, or even $2.60 may be the very bottom.
That doesn't leave us much room for error.

[DSteckler]

Cute baby, NB! Congrats.

BEL = look elsewhere.

[New-born baby]

You are the man!

Cute baby, NB! Congrats.

BEL = look elsewhere.

Dave,
I agree on both points! Thanks!

[spikefader]

Yes gentlemen, BEL has lost its shine and needs to do a bunch of work to inspire again. I'm holding my initial cuz that was my plan, but anyone looking to stalk this on the long side, now ain't the time.

http://spike-on-bel.blogspot.com/2006/04/bel.html

[Lyehopper]

dirty filthy dirt!

I think BEL might reverse direction tomorrow.... Even if it does, I still say ECOL is the best pick (long term) in the dirty dirt business.

[Websman]

Yes gentlemen, BEL has lost its shine and needs to do a bunch of work to inspire again. I'm holding my initial cuz that was my plan, but anyone looking to stalk this on the long side, now ain't the time.

http://spike-on-bel.blogspot.com/2006/04/bel.html

Spike is still holding??? Tell me it's not true...

NOOOOOOOOOOOOOO!!!!!!!!!!!!!!

[Lyehopper]

With the 61.8% retracement level cut like a hot knife through butter, the next support level is the 200DMA, around 3.30. Bottom line is that this is one busted stock.

Depends on what points you used to pull your retracement from I guess. I show it has yet to reach the 61.8% line.

[New-born baby]

He needs the VTP

Spike is still holding??? Tell me it's not true...

NOOOOOOOOOOOOOO!!!!!!!!!!!!!!

Webs, it's quite obvious now. $pike needs the VTP.

[gerihearne]

retracement

Depends on what points you used to pull your retracement from I guess. I show it has yet to reach the 61.8% line.

Lye, what points did you use?

Cordially,
Geri

just saw your graph ... 3.36 reversal
nice graph btw

[owenrm]

OKay, I screwed up. I admit it. Now I'd like to fix this.

Several weeks ago I noticed MrMarket's write up on BEL. I've had really good luck with several of his pix and without doing due dilegence went ahead and bought in at 5.10. It wasn't till after we got down in the 3s that I noticed that glowing write up was dated 2 years go. That's when I started researching the company. Ouch. I just sold out today at 3.18 (almost th exact bottom). The charts look to me lik w can go allot further down. I'm curious about you guys who think BEL still has legs. What's the scoop now that we're down at 3.335?
Owen