Spydertrader's Jack Hershey Equities Journal

Discussion in 'Journals' started by Spydertrader, Sep 25, 2004.

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  1. Normally, you will see a zero for % volume change somewhere in the middle of the initial sort. However, the Stocktables.com sort used for today's lists only has a volume change of either '1' or -2 at the midpoint (CNXS & MOBE).

    - Spydertrader
     
    #1971     Sep 21, 2005
  2. Thanks i see them .are these low no.s good when there are no 0's?
    is the 41 area down the sort page a good mid point or should i strive to enlarge this to larger than 83.
    I guess this is trivia i apoligize
    Cheers john
     
    #1972     Sep 21, 2005
  3. By altering the RS and EPS settings, you want to get an initial sort close to 100 stocks. Today, I used 90 RS and 80 EPS. As a result, I started with about 136 stocks in the initial sort. As you read through the Journal, notice how the initial culling process changes slightly. This has the net affect of creating additional opportunities for us. Rather than thinking, "I need to find a zero change in volume," look for the location where the percent volume change moves from green to red. Use this as a midpoint. Later on in the Journal, we eliminate the three list creation process entirely.

    - Spydertrader
     
    #1973     Sep 21, 2005
  4. 2005-09-20, Tuesday - EOD Update

    None of our List of Dry Up Stocks all reached FRV levels by EOD.

    - Spydertrader
     
    #1974     Sep 21, 2005
  5. smtrader

    smtrader

    For whatever reason, Yahoo will occasionally send out Float data as n/a or 0. This has happened once before, where a number of stocks did this, but it eventually was fixed. Lately, ALL of the stocks in the universe have returned a 0 value for Float and it has sustained for some time.

    While mostly dependable, Yahoo data seems to be less reliable than most sources (probably because it's free and they deal in such huge data quantities).

    You should find another source for Float numbers. Unfortunately, I do not personally know of a free source that will allow you to download Float data that you can import into Excel (or similar)

    If anyone knows of something like this, I am sure this information would be much appreciated by the readers of this journal.
     
    #1975     Sep 21, 2005
  6. I clicked on the symbol in stocktables and got big charts.
    click on profiles and they have a vol. and shares outstanding.
    Now i don't know if that is float for many co.s the float can be a %
    fo shares (most at 80to 90%of shares) Many co.s play games with shares retaining them outside of the float to enhance
    price
    Cheers
    john
     
    #1976     Sep 21, 2005
  7. acesheet

    acesheet

     
    #1977     Sep 21, 2005
  8. kriggins

    kriggins

    #1978     Sep 21, 2005
  9. 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.

    2005-09-22, Thursday - Lists

    Hershey Wealth-Lab Chartscript Culling Methodology
    Hershey Equities Rank V 3.0.0 / Qcharts Culling / Stocktables.com Sort

    Hot List

    DPTR FORD HANS IRIS LUFK SNHY VIVO VPHM

    Dry Up Stocks

    CKCM CMT DCAI FORD IRIS NGPS RATE SNHY VPHM

    Hot List Stocks Scores

    DPTR - 0
    FORD - 0
    HANS - 2
    IRIS - 2
    LUFK - 1
    SNHY - 5
    VIVO - 2
    VPHM - 0

    Dry Up Stocks Scores

    CKCM - 0
    CMT - 2
    DCAI - 0
    FORD - 0
    IRIS - 2
    NGPS - 5
    RATE - 0
    SNHY - 5
    VPHM - 0

    Keep an Eye on These Stocks

    NFLX (Attached)

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=848166>
     
    #1979     Sep 21, 2005
  10. jmwilk

    jmwilk

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