What is the formula u use to calculate DU? Can you atleast provide a link as to where u show how u calculate the formula.
Out of respect for the many individuals who have tirelessly reviewed the entire contents of this Journal (some several times) in order to improve their understanding and expand their knowledge, I provide you with the following link. May you exercise the same modicum of effort as those less experienced traders that began their journey before you. http://www.elitetrader.com/vb/showthread.php?s=&threadid=38777 - Spydertrader
2005-05-18, Wednesday - Lists Hershey Wealth-Lab Chartscript Culling Methodology Hershey Chartscript Scans / Qcharts Culling / Stocktables.com Sort Hot List DCAI ELOS FORD MCRI MFLX NFLX PARL SNDA USG Dry Up Stocks BCSI MCRI SYNA UBET Hot List Stocks Scores DCAI - 2 ELOS - 7 FORD - 7 MCRI - 5 MFLX - 7 NFLX - 0 PARL - 5 SNDA - 2 USG - 2 Dry Up Stocks Scores BCSI - 0 EXM - 5 SYNA - 5 UBET - 5 Keep an Eye on These Stocks MCRI (Attached) The following Stock has been Added to the Final Universe List as of 2005-05-17: NFLX <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=750613>
Sorry, my fault. I was looking at the chart only from the perspective of determining trends or breakouts etc.I did not take into consideration what the chart was following. gooch87
TF and Others that may be new to the Hershey concepts, I *think* you may find many of us to be an interesting group as far as trading discussion threads. Weâre the quiet ones at the back of the class, we donât show off and we donât even attempt to get others to join our club. In fact when our teacher would occasionally stop by he would generally have tomatoes thrown at him from the other kids. For those of us that listened and studied though, boy did we get education. Unfortunately for some the teacher is a bit of an eccentric, itâs part of his charm. He loves words and as such his explanations we about as hidden as Bible codes. It took dozens of us thousands of hours of reading all his teachings to decipher their meanings (even today were only part of the way there). Many students have come and gone, the marathon baton has been handed from one to another and Todd through his incredible devotion has become the torch bearer of the day. I tell you all of this because though this is the road less traveled, it is a fun one, it requires a level of dedication and time beyond most any other trading methodology. Most of us followers have our battle scars from years of trading, but we found this concept or better still it found us! As such if this method is really meant for you, you will not be able to put down the material. Your husband/wife will hate (or love) you for always reading, you will get honked at when the light turns green at an intersection because your so immersed in your printouts that you didnât see the light change and as you read you will find your feelings change from skepticism to hope. You will want to believe as the concept grips you that it does in fact work. If you feel yourself going down this road you will know that you will be at the back of the class smiling and becoming very quiet when other kids make fun of you or demand the shortcut to what you have invested endless hours decoding, all in very short order. Ok, I know it was long and riddled with innuendo but thatâs how Jack would have wanted it Iâm sure. All the answers are there for you, go see if it grabs you, hopefully in the end you will join in the refinement of what has been an amazing ride for all of us. I promise you will not regret it and you will be thankful that links were not just provided to every question asked. I promise! Ross
Sorry for the confusion, I should have been more clear. Todd=Spydertrader As far as TF's familiarity, I have no idea and can not make a guess either way. I would not want to insult him nor embarrass myself by making an assumption. Thanks for allowing me to clarify. Ross