Hershey's Equity thread

I don't believe that's true.


Below are two references, in this thread, that Jack made regarding shorting.

gotta_trade

 

Here is my assesment sheet for ASKJ.

Note: I use close prices, and ref date is date of peak close. Unsure is this is right. Days is days back rally started.

 

Here are all the assesments in my list 1.

ASKJ, DRIV, LAVA, NFLX

Note: I took only the long side.......if short is also required will do that after.

 

A misunderstanding on your part I'm afraid. I traded Jack's equity system last year for several months, with his guidance. It IS long only. I suggest that you do a little background reading at the msn site.

 

So how did you extract those prices from clearstation's graphs so as to determine peaks/troughs? I can capture peaks/trough prices from stockcharts.com, for example:

http://stockcharts.com/def/servlet/SC.web?c=ASKJ,uu[m,a]daclyyay[pf][vc60][iut!La5,13,6]&pref=G

 

I started getting familiar with Jack's strategy yesterday.

I'm no authority on it.

I saw your posts and I posted my interpretation of Jacks statements.

No harm done. I can't learn everything in 1 day.


gotta_trade

 

So dkm, are you a Jack fan? How were your results?

Since you're here, I would assume the 'relationship' with Jack's methopdology was productive for you. Are you still using it?

What is your bottom line assessment?

 

List 2 AKA 7s, for stocks

ATRS, LEXR, OVTI, SGMA.

 

If you check my posted charts I used Amibroker to search for 6/8 day cycles of 20% gains, then just read off the numbers, I found skimming the Clearstation charts not as quick for me as perhaps Jack can do it.

 

np. There's a lot to digest. It took me a while to get up to speed too

David