2005-08-29, Monday - Update This morning, I monitored one list of stocks (14 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 DPTR HANS IIG IRIS JMDT MCRI NFLX NGPS RADS RTSX TRGL VDSI Our system generated five possible trade signals from the list of fourteen Dry Up Stocks when actual volume exceeded calculated "Low Band" Dry Up Volume prior to 11:30 AM. Dry Up Stocks Triggering Signal RTSX TRGL DPTR NFLX NGPS Dry Up Stocks NOT Triggering Signal CKCM DCAI HANS IIG IRIS JMDT MCRI RADS VDSI RTSX did not show price improvement ($25.10) at time of signal generation (9:47 AM). In addition, MACD Histogram showed a negative return (-.1845). Also, The Stochastic Indicator fell below desired levels (0.00). As a result, I took no action with respect to trading RTSX. TRGL did show price improvement ($30.75) at time of signal generation (9:53 AM). In addition, MACD Histogram showed a positive return (+.1182). Also, The Stochastic Indicator fell above desired levels (92.27). As a result, I entered into a long position with 400 shares of TRGL receiving a fill price of $30.75 USD. DPTR did show price improvement ($17.70) at time of signal generation (10.00 AM). In addition, MACD Histogram showed a positive return (+.0607). However, The Stochastic Indicator fell below desired levels (44.66). As a result, I took no action with respect to trading DPTR. NFLX did show price improvement ($21.34) at time of signal generation (10:17 AM). In addition, MACD Histogram showed a positive return (+.0329). However, The Stochastic Indicator fell below desired levels (69.39). As a result, I took no action with respect to trading NFLX. NGPS did not show price improvement ($25.82) at time of signal generation (10:30 AM). In addition, MACD Histogram showed a negative return (-.2663). Also, The Stochastic Indicator fell below desired levels (36.52). As a result, I took no action with respect to trading NGPS. Soon after entering into a position, price for TRGL dropped significantly triggering my 2% stop. As a result, I sold all shares of TRGL at the $30.13 price point. This intraday trade yielded a single day gross loss of -$248 USD for a loss of 2% on 400 shares. - Spydertrader
spydertrader, I have noticed that (on the 30 min chart), if the price exceeds the upper regression channel, it always retreats back to or below the upper channel line (2 std dev.) on the same bar or next bar. trgl at 30.75 was above upper regression channel line ( 2 std deviations) which was 30.61. I have little trading experience. I'm just offering an observation of mine. I used the regression channel alot in my (long term) investing experience, mainly to see the trend. I didn't go with trgl because I'm using flat du instead of lower band du. When regular du was hit, the macd and stoch weren't favorable. I'm waiting for FRV.
Thanks for posting your observations. I've noticed TRGL ramped right back up to the levels near my entry. These things happen. - Spydertrader
2005-08-29, Monday - Update Only TRGL out of our List of Dry Up Stocks reached FRV levels by EOD. - Spydertrader
To create the following lists of stocks, I used 90 RS and 80 EPS. Using 90 RS and 90 EPS resulted in an initial stocktables.com sort of too few equities. 2005-08-30, Tuesday - Lists Hershey Wealth-Lab Chartscript Culling Methodology Hershey Equities Rank V 3.0.0 / Qcharts Culling / Stocktables.com Sort Hot List DPTR FORD IRIS NETL NGPS SNHY VPHM Dry Up Stocks DCAI HANS IIG IRIS JMDT MCRI SNHY VDSI Hot List Stocks Scores DPTR - 6 FORD - 7 IRIS - 5 NETL - 7 NGPS - 7 SNHY - 7 VPHM - 0 Dry Up Stocks Scores DCAI - 6 HANS - 5 IIG - 0 IRIS - 5 JMDT - 5 MCRI - 5 SNHY - 7 VDSI - 2 Keep an Eye on These Stocks RADS (Attached) <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=828168>
2005-08-30, Tuesday - Reg SHO Update DCAI, IIG, & JMDT appear on Thursday's Reg SHO Threshold List. - Spydertrader
2005-08-30, 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 HANS IIG IRIS JMDT MCRI SNHY VDSI 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 DCAI HANS IRIS Dry Up Stocks NOT Triggering Signal IIG JMDT MCRI SNHY VDSI DCAI did show price improvement ($19.07) at time of signal generation (10.07 AM). In addition, MACD Histogram showed a positive return (+.0627). However, The Stochastic Indicator fell below desired levels (72.03). As a result, I took no action with respect to trading DCAI. HANS did show price improvement ($47.18) at time of signal generation (10:53 AM). In addition, MACD Histogram showed a positive return (+.1468). However, The Stochastic Indicator fell below desired levels (76.99). As a result, I took no action with respect to trading HANS. IRIS did not show price improvement ($16.64) at time of signal generation (11:03 AM). In addition, MACD Histogram showed a negative return (-.0144). Also, The Stochastic Indicator fell below desired levels (30.91). As a result, I took no action with respect to trading IRIS. - Spydertrader
2005-08-30, Tuesday - Update None of our List of Dry Up Stocks reached FRV levels by EOD. - Spydertrader
To create the following lists of stocks, I used 90 RS and 80 EPS. Using 90 RS and 90 EPS resulted in an initial stocktables.com sort of too few equities. 2005-08-31, Wednesday - Lists Hershey Wealth-Lab Chartscript Culling Methodology Hershey Equities Rank V 3.0.0 / Qcharts Culling / Stocktables.com Sort Hot List DPTR FORD IRIS NETL SNHY VPHM Dry Up Stocks CKCM CMT DCAI FORD IIG IRIS ITRI JMDT NGPS RADS RTSX SNHY Hot List Stocks Scores DPTR - 5 FORD - 0 IRIS - 0 NETL - 0 SNHY - 0 VPHM - 2 Dry Up Stocks Scores CKCM - 0 CMT - 1 DCAI - 6 FORD - 0 IIG - 2 IRIS - 0 ITRI - 0 JMDT - 2 NGPS - 0 RADS - 0 RTSX - 0 SNHY - 0 Keep an Eye on These Stocks VDSI (Attached) <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=829345>
2005-08-31, Wednesday - Reg SHO Update DCAI, FORD, & IIG appear on Wednesday's Reg SHO Threshold List. - Spydertrader