SPOOZ Inc (SPZI)

[Imperial Whazoo]

And another thing, gang. Listen, I'm not touting or dissing Spooz. I'm a believer in an idea and I'm choosing to see what is happening in Spooz as an apt demonstration of the applicability of that idea, which, simply put, is that in any stock you play, you can time your buys and sells based on info in the chart, primarily volume info.

So, if you think Spooz is a risky situation, please be so kind as to note that I fully agree. Spooz is very risky, indeed, but the volume price behavior just might be supplying us with enough info to enable us to time our entries and exits. But if you haven't the stomach for Spooz, thats nothing to be ashamed of. After all, I could not have been clearer in my statement about Spooz:

There are a lot less dangerous minefields than this one to play kickball in.

I contend, and I have yet to see one word of discourse refuting the observation, that the only time we have ever seen more volume than we did on 4/10/8 (74.6 million) was on 3/8/7 (99 million). I contend further that we can apply lessons learned from that day to the recent 74.6 million day. I contend that an examination of the chart shows that the 99 million day turned out to be a minor topping day and that there followed a swoon that lasted from 3/8/7 to 6/11/7. In between March and June, we saw a FULL retrace (by definition, a full retrace is a 100% retrace), first fully down and then fully back up.

I also point out that, had anyone used this developing pattern of behavior & trusted the chart to govern a decision to accumulate a bit here and a bit there, the result when price retraced in June would have been anywhere from 100% to 200%, depending on where entries and/or exits were decided upon and on how many shares were involved in the accumulation. And, I have yet to have one word of discourse on the proposition that the reason we learn the patterns of history is to benefit from the fact that OFTEN (not always, mind you) history repeats itself.

So, given that we OFTEN benefit from history repeating itself, is the recent 74.6 million repudiation-of-the-plunge-day meaningful or not? I'm not answering that question for anyone other than myself, but I do assert that it is an idea worthy of discussion.

Now try this novel idea on for size: rather than simply stating that we can't use charting in pinkies, wouldn't it be better to try to use the Spooz chart itself to actually prove we can't use charting in pinkies? I mean, if there is no credence to my continued attempts to use charts to time things, it ought to be demonstratable that my idea is without merit. I welcome that exchange. After all, isn't this a place for the discussion of ideas?

But returning to Spooz itself, I am not blind or stupid. Spooz is a risky minefield to play kickball in. I've got it, gang. I hear you loud and clear: Spooz is definately a risky minefield to play kickball in. OK. Now thats out of the way LOL.

So, since I'm deliberately NOT telling people whether to buy or sell & I'm deliberately NOT telling people when to buy or sell, am I just an egotist, slathering aloud about his ideas or am I actually attempting to use a discussion board to identify likeminded traders so that I can cross pollenate with their ideas? Hmmmm.... I wonder LOL.

So, peace. And watch the volumes. Thats my theory. No ifs, ands, or buts about it. I have a basic governing approach which I think applies in spades to Spooz and I'm looking for people to talk about the idea with. Revolutionaty concept there, I suppose. Whatever.

Now, I'm out of here. I'm building a trading list to work with the DDE aspects of the DTNIQ datafeed which feeds SpoozChartz. Hint hint (A nod is as good as a wink to a blind horse).

So Gekko, to answer your challenge with a question of my own, answer me this: what would ever make me use such a horrible product as SpoozChartz? Hmmmm....

Imperial Whazoo