Spike's Scientific Stock Analysis

[Runner]

I’m thinking it might see a slight correction or consolidation. May offer entry off MSL>
SIRI back on the radar..

[Websman]

I’m thinking it might see a slight correction or consolidation. May offer entry off MSL>
SIRI back on the radar..

I'm already in...

[dmk112]

Spike, can you comment on APLX chart, dead cat bounce??

[dmk112]

PS. Spike, what's the market out look?

[dmk112]

Spike what do you think?

[spikefader]

Newborn,
Re the Canadian buck chart posted in this post http://www.mrmarketishuge.com/showpo...postcount=3405

It's just had a channel short. Might be as high as she goes for a while....

[spikefader]

...Also,could you recommend a symbol that reflect NYMEX oil spot prices.Ive been using XLE,but it is not very sensitive.^OIX doesnt register with Scottrade,any ideas?
cordially your friend Tom

How about $WTIC or $WTIC/1 (end of day)
or $XOI??
or $OSX??
Hope that helps.
Have a good weekend.

[spikefader]

I'm already in...

Was waiting for you to post your chart! hehe Maybe a pattern, or some fancy technical reasoning you spotted in a chart. Or was it just plain old vulcan intuition?
Enjoy the fishin' dude!

[spikefader]

Spike,

lets see if I got it now

Yes trades Long

OWENQ 2.68 or 3.59
GM 26.87 (not getting this one's entry)
ELN 4.35 or 5.07
LB 13.61

am I close now?


Bill

Yep, they were pretty close to what I checked them against yesterday (ran out of time to post sry). I think they had changed a little due to the intraday action in the morning, but you are close. I gather you are checking the lower channels with stockcharts? or another?

[spikefader]

Spike,

Could you show me your charting on EENC.

Bill

Sure. Here ya go.

[spikefader]

Spike, I'm considering WLK. Your thoughts?

WLK bearish on the weekly.

[spikefader]

Spike does this chart of SIRI make any sense? It may or may not P/B before TGT 1

Your charts don't make a whole lot of sense to me hehe but hey, I don't understand the methodology.

As far as SIRI goes, these are what make sense to me: I'm still in ambush mode for SIRI.

[skiracer]

I see it the same way an am sitting watching an in an ambush mode on SIRI.
Could you explain what and where a channel long would go to and what it is exactly. Real interested in this methodolgy and would like to understand more of it. Thanks Spike.
Sorry but just realized that I hadn't seen the top chart. Is the bottom green line the channel long point or area when you would begin to look for a long entry?

[spikefader]

Spike, can you comment on APLX chart, dead cat bounce??

maybe.

[spikefader]

PS. Spike, what's the market out look?

OK, great question. I'm interpreting Vector as mixed as of yesterday's close. I am switching to neutral stance on immediate market outlook. I will take profits for EFA at resistance tomorrow and wait. I think I'll be taking a couple of shorts for the port of the week comp.