Spydertrader's Jack Hershey Equities Journal II

Hi Spydertrader,
are you in BOOM now?

 

opps...http://www.elitetrader.com/vb/showthread.php?s=&threadid=59109&perpage=6&pagenumber=49

 

Thanks Nkhoi. For those unfamiliar with Jack, he posts under the handle Grob109 in the above linked thread provided by Nkhoi.

- Spydertrader

 

Sold half of BOOM @ 24.67.... Not much of a trend trader... Will ride the rest to the end.

 

KNDL Looks like something might be happening.

 

Careful. KNDL still has low volume. The floor could fall out from under you.

- Spydertrader

 

Thanks for the warning. Just looks from this chart that all we need is some good volume to push this off the bottom of the channel. Of course without volume this bad boy will probably go south. Have to wait and see.

G87

 

Shit. Enter KNDL by mistake @ 24.54. Stochastics did not reach 80. Will try to trade out of it.

 

Now the Stochastics reached 80. Does that count?? Thanks.

 

Volume still not that great. Again, you need to remain cautious, as the floor could fall from underneath your feet at any moment. However, if you can get a little volume increase on this bar, you might luck out and find yourself in the money.

- Spydertrader