2005-06-28, Tuesday - Update This morning, I monitored one list of stocks (2 total equities): Those equities from our daily Hot List and from our Final Universe List finding themselves "In Dry Up." Dry Up Stocks MCRI TASR Our system generated one possible trade signal from the list of two Dry Up Stocks when actual volume exceeded calculated "Low Band" Dry Up Volume prior to 11:30 AM. Dry Up Stocks Triggering Signal TASR Dry Up Stocks NOT Triggering Signal MCRI TASR did show price improvement ($10.38) at time of signal generation (10:59 AM). In addition, MACD Histogram showed a positive return (+.0451). However, The Stochastic Indicator fell below desired levels (70.93). As a result, I took no action with respect to TASR. - Spydertrader
2005-06-28, Tuesday - Update Neither MCRI nor TASR showed an actual volume exceeding FRV levels by EOD. - Spydertrader
I'm sure it's a difference in data feeds, but I recieved a signal to buy MCRI at 10:54am at 47,400 shares lower band. Do you have the same lower band #?
I would agree with your assessment regarding datafeeds. I had 47,293 as my Low Band level. Close enough for sure. After checking time and sales, I have the 47,293 level exceeded at 11:32:55 AM. I use Qcharts (Quote.com) as my data feed. If your datafeed got you into a position with MCRI, you made a few dollars today. Congrats! - Spydertrader
2005-06-29, Wednesday - Lists Hershey Wealth-Lab Chartscript Culling Methodology Hershey Chartscript Scans / Qcharts Culling / Stocktables.com Sort Hot List CMT FORD MCRI Dry Up Stocks DCAI EZPW IIG JUPM MCRI MFLX UBET USG Hot List Stocks Scores CMT - 5 FORD - 5 MCRI - 7 Dry Up Stocks Scores DCAI - 5 EZPW - 0 JUPM - 5 MCRI - 7 MFLX - 5 UBET - 5 USG - 5 Keep an Eye on These Stocks DCAI (Attached) <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=778733>
2005-06-29, Wednesday - Update This morning, I monitored one list of stocks (2 total equities): Those equities from our daily Hot List and from our Final Universe List finding themselves "In Dry Up." Dry Up Stocks DCAI EZPW IIG JUPM MCRI MFLX UBET USG Our system generated one possible trade signal from the list of two Dry Up Stocks when actual volume exceeded calculated "Low Band" Dry Up Volume prior to 11:30 AM. Dry Up Stocks Triggering Signal DCAI EZPW Dry Up Stocks NOT Triggering Signal IIG JUPM MCRI MFLX UBET USG DCAI did not show price improvement ($21.78) at time of signal generation (11:04 AM). In addition, MACD Histogram showed a positive return (+.0631). However, The Stochastic Indicator fell below desired levels (26.5354). EZPW did not show price improvement ($10.09) at time of signal generation (11:08 AM). In addition, MACD Histogram showed a negative return (-.1594). Also, The Stochastic Indicator fell below desired levels (15.8744). As a result, I took no action with respect to DCAI or EZPW. - Spydertrader
2005-06-29, Wednesday - Update DCAI EZPW IIG JUPM MCRI MFLX UBET USG all failed to reach FRV levels by EOD. - Spydertrader
Final Universe Update The following stocks have been deleted from the Final Universe due to Failure to Maintain Rank. EXM GDP IMAX ISSC JOBS SIGM SNDA XXIA Current Final Universe BCSI CKCM CMT DCAI ELOS EZPW FORD HANS IIG JMDT JUPM MCRI MFLX NFLX PARL RADS RNOW RTSX TASR TRGL UBET USG VDSI - Spydertrader
2005-06-30, Thursday - Lists Hershey Wealth-Lab Chartscript Culling Methodology Hershey Chartscript Scans / Qcharts Culling / Stocktables.com Sort Hot List CMT FORD MCRI Dry Up Stocks CKCM DCAI EZPW IIG JUPM MCRI MFLX NFLX TASR UBET USG Hot List Stocks Scores CMT - 0 FORD - 0 MCRI - 0 Dry Up Stocks Scores CKCM - 0 DCAI - 0 EZPW - 2 IIG - 5 JUPM - 4 MCRI - 0 MFLX - 2 NFLX - 5 TASR - 0 UBET - 0 USG - 2 Keep an Eye on These Stocks DCAI (Attached) <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=779615>
Spydertrader, Can you repost the most recent DU Band code you use for Weath-Lab Developer? Much appreciated! smtrader