2005-08-18, Thursday - Lists Hershey Wealth-Lab Chartscript Culling Methodology Hershey Equities Rank V 3.0.0 / Qcharts Culling / Stocktables.com Sort Hot List DPTR FORD NETL SNHY Dry Up Stocks HANS IIG MCRI NETL NGPS RADS RTSX VDSI Hot List Stocks Scores DPTR - 0 FORD - 2 NETL - 0 SNHY - 2 Dry Up Stocks Scores HANS - 0 IIG - 2 MCRI - 0 NETL - 0 NGPS - 5 RADS - 0 RTSX - 0 VDSI - 5 Keep an Eye on These Stocks TRGL (Attached) <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=818740>
2005-08-18, Thursday - 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 HANS IIG MCRI NETL NGPS RADS RTSX VDSI Our system generated five possible trade signals 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 MCRI RADS NETL HANS VDSI Dry Up Stocks NOT Triggering Signal IIG NGPS RTSX MCRI did show price improvement ($17.25) at time of signal generation (10:15 AM). However, MACD Histogram showed a negative return (-.0414). In addition, The Stochastic Indicator fell below desired levels (43.75). As a result, I took no action with respect to trading MCRI. RADS did not show price improvement ($11.45) at time of signal generation (10:54 AM). Also, MACD Histogram showed a negative return (-.0989). In addition, The Stochastic Indicator fell below desired levels (22.44). As a result, I took no action with respect to trading RADS. NETL did show price improvement ($19.64) at time of signal generation (11:06 AM). However, MACD Histogram showed a negative return (-.0816). In addition, The Stochastic Indicator fell below desired levels (37.14). As a result, I took no action with respect to trading NETL. HANS did not show price improvement ($42.54) at time of signal generation (11:17 AM). Also, MACD Histogram showed a negative return (-.2827). In addition, The Stochastic Indicator fell below desired levels (18.22). As a result, I took no action with respect to trading HANS. VDSI did not show price improvement ($9.88) at time of signal generation (11:27 AM). However, MACD Histogram showed a positive return (+.0210). In addition, The Stochastic Indicator fell below desired levels (60.05). As a result, I took no action with respect to trading VDSI. - Spydertrader
2005-08-18, Thursday - Update Only RADS from our List of Dry Up Stocks reached FRV levels by EOD. - Spydertrader
2005-08-18, Thursday - Update Moors & Cabot Upgraded, from a hold to a buy, JMDT today. - Spydertrader
2005-08-19, Friday - Lists Hershey Wealth-Lab Chartscript Culling Methodology Hershey Equities Rank V 3.0.0 / Qcharts Culling / Stocktables.com Sort Hot List DPTR FORD NETL SNHY Dry Up Stocks DCAI HANS IIG ITRI NGPS RTSX Hot List Stocks Scores DPTR - 0 FORD - 2 NETL - 0 SNHY - 5 Dry Up Stocks Scores DCAI - 0 HANS - 0 IIG - 0 ITRI - 0 NGPS - 0 RTSX - 3 Keep an Eye on These Stocks ENER (Attached) <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=819648>
2005-08-19, Friday - Update This morning, I monitored one list of stocks (6 total equities): Those equities from our daily Hot List and from our Final Universe List finding themselves "In Dry Up." Dry Up Stocks DCAI HANS IIG ITRI NGPS RTSX Our system generated three possible trade signals 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 IIG HANS NGPS Dry Up Stocks NOT Triggering Signal DCAI ITRI RTSX IIG did not show price improvement ($8.98) at time of signal generation (10:02 AM). In addition, MACD Histogram showed a negative return (-.0967). Also, The Stochastic Indicator fell below desired levels (26.19). As a result, I no action with respect to trading IIG. HANS did show price improvement ($43.20) at time of signal generation (11:05 AM). In addition, MACD Histogram showed a positive return (+.1017). However, The Stochastic Indicator fell below desired levels (73.43). As a result, I no action with respect to trading HANS. NGPS did show price improvement ($24.94) at time of signal generation (11:25 AM). In addition, MACD Histogram showed a positive return (+.1055). Also, The Stochastic Indicator fell above desired levels (91.84). As a result, I entered into a long position with 1000 shares of NGPS receiving a fill price of $24.94 USD. - Spydertrader
2005-08-19, Friday - Update Actual Volume for NGPS did not reach FRV Levels by EOD. As a result, I sold all shares of NGPS at the $25.35 price point. This intraday trade yielded a single day gross profit of $410 USD or a 1.6% gain on 1000 shares. Enjoy the weekend! - Spydertrader
Results - Update I added Trade Dates and Scores as well as updated all trades through today. - Spydertrader