As already noted, Oncidiums do not normally re-bloom from old spikes. You will need to wait until new growths are mature enough and the plant is happy enough to send up a new spike. Old spikes can just be cut back far enough to not be unsightly, or as far as you can manage without damaging sheaths or pseudobulbs, your preference.
Last edited by PaphMadMan; 11-21-2011 at 08:22 PM..