Spydertrader's Jack Hershey Equities Journal II

Discussion in 'Journals' started by Spydertrader, Oct 4, 2005.

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  1. Added on shares to the BTUI trade on two separate occasions at the $18.10 USD price point. I continue to hold all shares, and plan to do so through tomorrow.

    - Spydertrader
     
    #2321     May 17, 2006
  2. rickylc

    rickylc

    I'm right along with you on BTUI Spyder, though i got cold feet and exitted the position I put on yesterday early in the day today @ 18.45 for a small profit. I then re-entered later in the day @ 18.10 and 18.20.

    5,2,3 stoch and MACD both progressed in the right direction today even though price and volume didn't.

    Will be watching carefully at the open tomorrow.
     
    #2322     May 17, 2006
  3. I stayed on the sidelines today except for closing one of my 2nd derivitive trades, TWGP, for a 1.6% loss. My NCTY and KFRC trades remain open and both are showing small losses.

    It was a good day to watch some of the JH videos and the blood on the Street. Thanks to S. for posting them for us.

    Doug
     
    #2323     May 17, 2006
  4. gooch87

    gooch87

    Here are my trades for the day.

    BTUI 100 X 18.75 and 200 X 18.90. OOPS! got faked out by the sudden in-rush of volume. I figured there is plenty of room for this one to grow. But when the loss started adding up I was looking for a way out. That is when NTRI had a sudden in-rush of volume and on the daily charts the fast stochastics looked ripe. So I jumped in NTRI 110 X 68.93 . when I heard the overall market was down, I had a shiver ripple through my body. But when I saw that NTRI was trading near $70 I was all smiles, only to find out it crapped out near the end of the day.

    I am down $180 so far. Both stocks are still within the channel. For NTRI, the slow stochastics and MACD are starting to look a little dicey. I look forward to tomorrow:D

    gooch87

    edit: I sold the BTUI 200x18.50
     
    #2324     May 17, 2006
  5. I added JOBS to my Final Universe this evening.

    - Spydertrader
     
    #2325     May 17, 2006
  6. qx04790

    qx04790

    Hi Spydertrader,

    is the PVAD scoring from your Hershey Equities Rank ever used for selecting/buying/selling stocks? How should it be used?

    Thanks.

    qx04790
     
    #2326     May 18, 2006
  7. gooch87

    gooch87

    I sold NTRI 50X71.90 to take some profit. for an overnight 4.3% gain

    gooch87
     
    #2327     May 18, 2006
  8. The only stocks on my watchlist this morning reaching DU with a gain in price were TIE and DXPE. TIE met criteria except for stochastics, so I didn't take it and now it is down -.41. DXPE I didn't take because it gapped open and now it has gone from +3.0 to -1.52.

    So, I guess following the instructions exactly saved me from some loss, even though my impatience to make a trade is challenging me.
     
    #2328     May 18, 2006
  9. See this post for an explanation of how I use scoring. Also, a review of Odelys' posts in Journal One might reveal how profitable (or not) using 'Score' exclusively for buy and sell decisions.

    - Spydertrader
     
    #2329     May 18, 2006
  10. foible

    foible

    I made some minor additions to martys's Java filter program. The failure notice now gives some more description of what failed and I've added in the earnings date (grabbed from zacks.com) for additional information.

    I PMed martys, and he says that he has moved on to other projects and is happy to see the community maintain his work.

    Here is the updated JAR file and Java source (instructions remain the same as before).
     
    #2330     May 18, 2006
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