Spike's Scientific Stock Analysis

[casinoboy3]

hey spike - if i may, what are your thoughts on MCRI?
Thanks!

[spikefader]

hey spike - if i may, what are your thoughts on MCRI?
Thanks!

Just did a chart today for it. Look 7 posts back to here.

Caution to longs is what I see. But I also see that potential 5 wave move.

[casinoboy3]

Just did a chart today for it. Look 7 posts back to here.

Caution to longs is what I see. But I also see that potential 5 wave move.

oh wow sorry bout that,
thanks for the chart though!

[spikefader]

oh wow sorry bout that,
thanks for the chart though!

No problemo...

[spikefader]

QQQQ update:
Further to this entry at 39.87, here's the current view.

[lee_mre]

Spike,

A couple of questions...

Where can I find out more about wave patterns? What consitutes a wave? How are the high and low points determined?

As for channels, am I doing this right (see attached)

[spikefader]

Spike,

A couple of questions...

Where can I find out more about wave patterns? What consitutes a wave? How are the high and low points determined?

As for channels, am I doing this right (see attached)

See this post here
That looks like a regression channel alright. If you're able to add more channels from recent highs and lows you will be able to see how smaller channels react to the larger one.
Your charting software doesn't look too good, what is it? May I recommend www.stockcharts.com for your reg channel needs. Draw a chart and use the 'annotate' chart option, which uses Java. You can then drag a channel and see how it reacts as you're dragging it. You can see channel expansions and turn up/downs, which are important in my book.

[lee_mre]

See this post here
That looks like a regression channel alright. If you're able to add more channels from recent highs and lows you will be able to see how smaller channels react to the larger one.
Your charting software doesn't look too good, what is it? May I recommend www.stockcharts.com for your reg channel needs. Draw a chart and use the 'annotate' chart option, which uses Java. You can then drag a channel and see how it reacts as you're dragging it. You can see channel expansions and turn up/downs, which are important in my book.

I'm using excel. I'm writing some excel macros to pull in the latest price, redraw the chart, calculate the change in the regression line from yesterday, check the price vs the upper and lower channel, and then email me if some predefined boudary has been exceeded.

[tokyojoeskid]

Hey Spike how about an update on LCI, until today this thing has been a dog. Big news for the company could push it into an upward trend
thanks
Tjk

[spikefader]

I'm using excel. I'm writing some excel macros to pull in the latest price, redraw the chart, calculate the change in the regression line from yesterday, check the price vs the upper and lower channel, and then email me if some predefined boudary has been exceeded.

Now that sounds interesting! What an excellent way to scan for the setups I look for! I would definately be interested in such a scanning tool.

Have you finished the macros and run any scans yet? If you have, throw a few of the scan results on the thread and I'll take a look at them.

I wonder if it is possible to design a macro to spot channel turn ups and turn downs...... that would be very good too

[jiesen]

ckr

Spike,

Any take on CKR? It looks like a channel turn-up today on good earnings numbers. I'm probably not going to buy this one anytime soon, but have been following it anyway...

[Runner]

Hey Spike, I appreciate your links

thaX

[scifos]

I'm using excel. I'm writing some excel macros to pull in the latest price, redraw the chart, calculate the change in the regression line from yesterday, check the price vs the upper and lower channel, and then email me if some predefined boudary has been exceeded.

I'd love to have something like that. Let me know how it turns out.

[Runner]

Spike, I’ve brought up WEBX before and I’m not interested in buying it. I’m trying to make sense of what the chart reads. I see a 1st wave up from the 17.60 bottom to the 27.00 top. It then moved into wave 2 (61.8%). This would have been a great time to buy off the 20.44 low with anticipation of a wave 3 up. Now I don’t know if it has entered a sub wave abc or what? Can you assist me in this?

ThaX,
Runner

[Runner]

Also I backed up the time 3 years and I’m trying to determine the larger move. I’m thinking it may be in a wave 5 move? Not sure about this. I plot wave 1 from 8.04 to 25.34, wave 2 from 25.34 to 17.25, wave 3 from 17.25- 32.96, wave 4 from 32.96-16.51 and wave 5 from 16.51-? Looking at the fib-grid from 8.04 it seems that the price is sitting near the 38%.I also see a possible head and shoulders.