Spike's Scientific Stock Analysis

[mooddude]

I own two stocks: CUP and HNDL A little humor for the IBD haters.

When did you buy CUP? It's a speculative stock since a lot of its valuation is based on a potentially good unexplored copper mine. I noticed the stock when it spiked on 10/10/05. Should have bought then )

[B.J]

Mood, I don't own CUP. I was just using the symbols CUP and HNDL (short for handle, don't even know if that's really a ticker symbol) to make a pun out of the "Cup and Handle" base formation that IBD loves so much.

[mooddude]

Mood, I don't own CUP. I was just using the symbols CUP and HNDL (short for handle, don't even know if that's really a ticker symbol) to make a pun out of the "Cup and Handle" base formation that IBD loves so much.

LOL I got your joke

Ironically, CUP is a stock of Peru Copper Inc and it just broke out of a cup-with-handle )) I thought it was a cool ticker for IBD inverstors just like BOOM is cool for that booming company...

[dmk112]

Hiya dmk, good ta see ya.

TRLG doin the 'a' right now. It's goin' straight on the stalk sheet; thanks!

Thanks spike, been pretty much computer less last 3 weeks but have been glancing thru your posts whenever I get a chance. Keep up the good work on the YM's, I'm getting ready for my forex adventure

Back to TRLG, is my count off??

[TFred]

Creme of the Crop 3 - how did it fare in the first 2 days?

Greetings,

Im actually only down trading cost so far.Bought in on the initial weakness,and have a good opinion on this basket of holdings.My portfolio is in an IRA,and once it hits 20%,tights stops will be placed on all,letting winners run,and also rans go.

I consider its performance good considering markets action lately.

Spike,on another note,would you consider a look at ERF?Its price has far outpaced its distribution support.One of these EX dates its going to tumble hard.My thoughts are low 40s.This months ex is the 8th,so Ill be watching to short sell if I can get in.I realise the chart looks very good,but in my experience when the yield on these Canroys get below 8%,look out below,very much llike EENC.

cordially Tom

[spikefader]

Thanks spike, been pretty much computer less last 3 weeks but have been glancing thru your posts whenever I get a chance. Keep up the good work on the YM's, I'm getting ready for my forex adventure

Back to TRLG, is my count off??

Thnx dude.

Godspeed with Forex! :eek! hehe

Feel free to post charts/entries in this thread if you so desire. I'm sure it's gonna be a revealing and educational journey worthy of sharing!

TRLG:

[spikefader]

YM swing short from 10813. 35 pt stop.

[spikefader]

Spike,on another note,would you consider a look at ERF

Mighty strong looking stock. Wow.

The weekly channel shows profit-taking tag last week, but today's action is hinting a 'booming' nature, but the daily candle hints reversal and the failed intraday ascending triangle confirms. So if you're feelin' lucky perhaps short any strength tomorrow up to 55.90 with a 2% stop. Logical target is gap fill around 44.00. That's r/r of 10.6. I'd feel a whole lot better about the short side if ya get a gap down and island reversal.

Good luck with it.

[spikefader]

Creme

[TFred]

Mighty strong looking stock. Wow.

The weekly channel shows profit-taking tag last week, but today's action is hinting a 'booming' nature, but the daily candle hints reversal and the failed intraday ascending triangle confirms. So if you're feelin' lucky perhaps short any strength tomorrow up to 55.90 with a 2% stop. Logical target is gap fill around 44.00. That's r/r of 10.6. I'd feel a whole lot better about the short side if ya get a gap down and island reversal.

Good luck with it.

Thank you for the analysis Spike,

Ex date is Wednesday,so I am looking to short on a selloff.

cordially Tom

[New-born baby]

Thank you for the analysis Spike,

Ex date is Wednesday,so I am looking to short on a selloff.

cordially Tom

Why not short GM? Ex date is Wednesday, too.

[Websman]

Why not short GM? Ex date is Wednesday, too.

I may short GM myself...made a little on it short a few weeks back.

[TFred]

Thanks for the heads up,

BTW is that a bull flag formation on BEL?

cordially Tom

[New-born baby]

Thanks for the heads up,

BTW is that a bull flag formation on BEL?

cordially Tom

Looks like Spike knows how to call a bottom. BEL has paid off handsomely for those who took his advice. Why I am sad? Because I didn't buy in!

[spikefader]

Thanks for the heads up,

BTW is that a bull flag formation on BEL?

cordially Tom

Close. It's resembling a bullish pennant, the sibling to the bull flag.

http://www.chartpatterns.com/flagsandpennants.htm