The 75 upper threshold value is used for Stochastic (5,2,3). Likewise 25 is used for the lower threshold. Threshold values of 80 and 20 are used for Stochastic(14,1,3).
2005-07-01, Friday - EZPW Update Although the distinct possibility exists that I may have sold all my shares too early, I decided to exit my EZPW position after reaching our 10% target price. With a long Holiday Weekend on the horizon, I figured I'd find it much easier to relax and enjoy the time away from the markets by eliminating any risk with respect to holding EZPW through the weekend. As a result, I sold all 2000 shares of EZPW receiving a fill price of $10.36 USD for a per share gain of $1.06 USD. This overnight trade yielded a gross profit of $2332 USD or gain of just over 10%. I continue to monitor today's list of Dry Up Stocks in case the system produces a trade signal for today. - Spydertrader
2005-07-01, Friday - Update This morning, I monitored one list of stocks (7 total equities): Those equities from our daily Hot List and from our Final Universe List finding themselves "In Dry Up." Dry Up Stocks CKCM DCAI IIG MFLX NFLX TASR UBET Our system generated two possible trade signals from the list of seven Dry Up Stocks when actual volume exceeded calculated "Low Band" Dry Up Volume prior to 11:30 AM. Dry Up Stocks Triggering Signal CKCM DCAI Dry Up Stocks NOT Triggering Signal IIG MFLX NFLX TASR UBET CKCM did not show price improvement ($22.30) at time of signal generation (10:41 AM). In addition, MACD Histogram showed a negative return (-.0672). Also, The Stochastic Indicator fell below desired levels (22.6831). DCAI did not show price improvement ($21.10) at time of signal generation (11:01 AM). In addition, MACD Histogram showed a negative return (-.1184). Also, The Stochastic Indicator fell below desired levels (19.2903). As a result, I took no action with respect to CKCM, or DCAI. - Spydertrader
2005-07-01, Friday - Update None of our list of Dry Up Stocks reached FRV Levels by EOD. Enjoy the weekend everybody. - Spydertrader P.S. Happy Birthday USA! <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=780995>
Final Universe - Update The following Stocks have been ADDED to the Final Universe List as of 2005-07-01: ENER.
2005-07-05, Tuesday - Lists Hershey Wealth-Lab Chartscript Culling Methodology Hershey Chartscript Scans / Qcharts Culling / Stocktables.com Sort Hot List FORD MCRI Dry Up Stocks DCAI ENER IIG MCRI MFLX TASR TRGL UBET Hot List Stocks Scores FORD - 7 MCRI - 0 Dry Up Stocks Scores DCAI - 0 ENER - 4 IIG - 2 MCRI - 0 MFLX - 0 TASR - 4 TRGL - 0 UBET - 7 Keep an Eye on These Stocks MFLX (Attached) The following Stocks have been ADDED to the Final Universe List as of 2005-06-16: ENER. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=781884>
2005-07-05, Tuesday - Lists Another Stock to Watch - DCAI <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=782233>
2005-07-05, Tuesday - Update This morning, I monitored one list of stocks (8 total equities): Those equities from our daily Hot List and from our Final Universe List finding themselves "In Dry Up." Dry Up Stocks DCAI ENER IIG MCRI MFLX TASR TRGL UBET Our system generated five possible trade signal from the list of eight Dry Up Stocks when actual volume exceeded calculated "Low Band" Dry Up Volume prior to 11:30 AM. Dry Up Stocks Triggering Signal TASR TRGL UBET ENER DCAI Dry Up Stocks NOT Triggering Signal IIG MCRI MFLX TASR did not show price improvement ($9.72) at time of signal generation (9:57 AM). In addition, MACD Histogram showed a negative return (-.0765). Also, The Stochastic Indicator fell below desired levels (28.3801). As a result, I took no action with respect to TASR. TRGL DID show price improvement ($24.89) at time of signal generation (9:58 AM). In addition, MACD Histogram showed a positive return (+.1642). Also, The Stochastic Indicator fell above desired levels (97.2323). UBET DID show price improvement ($5.31) at time of signal generation (10:51 AM). In addition, MACD Histogram showed a positive return (+.0095). Also, The Stochastic Indicator fell above desired levels (90.0000). DCAI DID show price improvement ($5.31) at time of signal generation (10:51 AM). In addition, MACD Histogram showed a positive return (+.0095). Also, The Stochastic Indicator fell above desired levels (90.0000). ENER DID show price improvement ($23.05) at time of signal generation (10:54 AM). In addition, MACD Histogram showed a positive return (+.0895). Also, The Stochastic Indicator fell above desired levels (94.9367). I wasn't paying attention and missed the signal for ENER at first, but entered on the pullback ($23.00). The trade particulars are as follows: TRGL Time: 9:59 AM Price: $24.89 MACD: +.1642 Stoch: 97.2323 Score: 0 FRV: 215,422 shares Peak: 430,844 shares 07/05/05 9:59 AM 24.89 24.88 24.89 1000 UBET Time: 10:51 Price: $5.31 MACD: +.0095 Stoch: 90.0000 Score: 7 FRV: 390,322 shares Peak: 780,643 shares 07/05/05 10:51 AM 5.31 5.29 5.30 1300 ENER Time: 11:08 Price: $23.00 MACD: +.0895 Stoch: 94.967 Score: 4 FRV: 690,047 shares Peak: 1,380,094 shares 07/05/05 11.08 AM 23.00 22.98 23.00 1000 DCAI Time: 11:02 Price: $22.15 MACD: +.1317 Stoch: 87.3494 Score: 0 FRV: 287,566 shares Peak: 575,131 shares 07/05/05 11:14 AM 22.15 22.13 22.15 1000 - Spydertrader
2005-07-05, Tuesday - Update DCAI - stopped out ENER - even UBET - up .15 per share TRGL - up $1.10 per share - Spydertrader