Spike's Scientific Stock Analysis

[spikefader]

Spike, I must not have my quote tracker set right. My chart does not show the double bottom. I use Medved charting, what settings do you have on your 5 min charts?

So you don't see the DB in this chart on your screen?
Stock settings. Maybe your spike filter is too tight? Post your intraday chart for SIRI.

[spikefader]

EW link for newbies I found while surfing tonight:

http://www.prognosis.nl/principle/principle2.html

[spikefader]

Greetings Spike,
Would you mind looking at BLT and give me an opinion?

Runner posted it on his thread,it has retraced almost Exactly 50% from recent high.
Increasing volume along with price ,am I seeing good candidates?

So far I like HDWR,BLT,and FLIR,although a little late to the party on that one.

cordially Tom

I'd be cautious with it after that red channel touch, and if the count is right, it's due for some down.

[spikefader]

BLT daily:
Also a blue channel short day there........... good short candidate if anything!

[spikefader]

hmmm but having said that, it's looking like there's another wave up left in it to make it 5........... lol But let's see if it can take out the blue short resistence first.......

[dmk112]

Spike,

BXG has made a run after that one day down, do you think it has hit it's upper channel yet?

[spikefader]

Spike,

BXG has made a run after that one day down, do you think it has hit it's upper channel yet?

It's hit a few channels on the way up and ignored them. This is bullish. The count I like is the one below. I'd be playing it long today on an intraday pattern. 18.55 for double bottom is one play. It jumps around intraday it seems, so be entries should be patient and at support. Today's move down could be a 2 of a smaller 5 wave up move. And if my count is wrong on the longer time frame, then this smaller 5 sequence could be the final 5th of the bigger move. The channel long is a good thing to support that concept.

[noshadyldy]

calling spike!

Hi Spike, it's been a long time,glad to see you are doing well.

Anyway, I need your advice please. MSO - missed the last rocket but now it's correcting. Do you see a good entry?
Also I think I've got myself a couple of penny dogs - TMTA and RMSG. Any thoughts on those two. I'm already in and wondering if I should stay.
Thanks so much for any light on these issues.
Margie

[noshadyldy]

Siri

Also, Spike, did you give a projection before on SIRI's future price?
thanks again.
margie

[Runner]

Spike I have the spike filter set @ 30% and volume spike cap set @ 4.00. I have not played with these settings before.

[spikefader]

re WEBX http://www.mrmarketishuge.com/forum/...postcount=1681
Suggest S2 entry today if it gets there. This would be a channel long day on the daily as well.

[spikefader]

Spike I have the spike filter set @ 30% and volume spike cap set @ 4.00. I have not played with these settings before.

OK, we have the same settings. Perhaps your backfill data provider didn't have the same data as mine. Post a 5 min chart of what you see as intraday movement - where is the morning low?

[Runner]

I use scottrade as my broker

[spikefader]

Hi Spike, it's been a long time,glad to see you are doing well.

Anyway, I need your advice please. MSO - missed the last rocket but now it's correcting. Do you see a good entry?
Also I think I've got myself a couple of penny dogs - TMTA and RMSG. Any thoughts on those two. I'm already in and wondering if I should stay.
Thanks so much for any light on these issues.
Margie

Hi there noshady. Good to see you back.
Yet another good C wave entry setup. Lots of wave examples lately.....does this suggest something for the broader market??
As always, patience is key! As it's approaching strike time, look for intraday reason to enter. And yell out when you do it 'cuz I'll probably have forgotten to look! So please remind me!

[spikefader]

I use scottrade as my broker

Oh, did I say WEBX had a double bottom?? I thought I was talking about SIRI.