2005-03-01, Tuesday - Lists I used RS and EPS Settings of 90 for the following lists Stocktables.com Sevens - Ones - Zeros TIE - ANTP - EZPW TOPT - HLIT - WCC PTRY - FLSH - LSS MUSA - VTIV - MTEX HURC - MDRX - XTO EXM - PMTI - CTSH MSB - ISRG - USNA JOYG - MHR - XPRSA DTPI - POG - MFLX ELOS - MIPS Wealth-Lab Chartscript/Manual Hotlist ANTP EXM ELOS MFLX HURC EZPW MIPS TOPT MSB Wealth-Lab Data/Yahoo Data Watch List ANTP - DU Cycle - DU5 - DU10 CUTR - DU Cycle TASR - DU Cycle ANGO - DU Cycle - DU5 NGPS - DU Cycle MFLX - DU Cycle SNDA - DU Cycle HRT - DU Cycle - DU5 - DU10 - DU20 SINA - DU Cycle - DU5 KEYW - DU Cycle EBKR - DU Cycle ULBI - DU Cycle BLTI - DU Cycle - DU5 - DU10 - DU20 IDSA - DU Cycle ISSC - DU Cycle - DU5 Wealth-Lab Developer Data & Equations/G33M4K Equations SRVZ Wealth Lab Equations - Dry Up (with G33M4K Score) HLIT - 3 SINA - 7 Eyeball Gallas2 "Keep an Eye on These" Stocks FFIV (Attached) Yahoo Data/G33M4K Equations Dry Up Stocks with G33M4K Master List Score of Zero ANTP ANGO BLTI IDSA ISSC Stocktables Sort/Qcharts/G33M4K Equations/ Test Culling Method with Score Hotlist HANS 0 PMTI 0 MIPS 1 KEYW 3 EXM 4 TRGL 5 ELOS 7 EZPW 7 MFLX 7 TOPT 7 (GOAM, ANTP, NGPS, ANGO, HRT, IDSA & HLIT have float outside normal parameters) - MT & TRGL now have float within our parameters. The following Stocks have been ADDED to the Final Universe List as of 2005-02-23: MSB. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=696210>
2005-03-01, Universe List - Update In an effort to simplify the process of signal generation, I cleaned up the Final Universe List. As of the above post, our Final Universe consisted of 50 stocks - many of which violated the EPS, Average Volume or Float requirements of The Jack Hershey Equities System. In addition, many stocks had lost their 'ranking' during the last 30 days. Maintaining these stocks in the Final Universe List, not only created additional and unnecessary calculations, but also, created signals we largely ignored. While cleaning the Final Universe List should reduce the overall number of signals generated by the system, I anticipate an increase in signal quality. As Jack Hershey often 'breaks his own rules' when it comes to trading his tenured stocks, so to will we permit our tenured stocks to maintain their status in The Final Universe List. We define our current list of Tenured Stocks as those stocks we have traded in the past for a profit. As a result, the following list of stocks contains the symbols for all profitable trades posted to the Journal (that were not previously removed during other list clean-up efforts): ANIK CALM COGT ELOS HANS IPXL MFLX PACT SINA UBET Using Qcharts for sorting purposes, we eliminate the following stocks for rules violations: Positive EPS: GOAM ADBL Average Volume above 200,000 shares: INTN EVCI EBKR HRT CUTR HURC MSB GMAI ESMC RATE GDP KBAY Float Issues: ANTP IDSA ANGO NGPS HLIT Loss of Rank: MT STLD As a result of the list cleanup, our new Watch List for Tuesday, March 1, 2005 stands as follows: TASR - Du Cycle MFLX - Du Cycle SNDA - Du Cycle SINA - Du Cycle - DU5 KEYW - Du Cycle ULBI - Du Cycle BLTI - Du Cycle - DU5 - DU10 - DU20 ISSC - Du Cycle - DU5 Our Final Universe List now contains 29 stocks. Each day when I post the lists, any stock in the Hot List that violates the EPS, Volume and Float rules will no longer find its way into the Final Universe List. As always, I shall continue to post all additions and deletions to the Final Universe List. - Spydertrader
2005-03-01, Tuesday - Update Our system failed to generate a signal today as none of the Watch List stocks had actual volume that exceeded any level of calculated Dry Up Volume. SNDA came very close to triggering a signal both at the 50% pro-rata level and at the Du Volume Level. No stocks reached FRV status by EOD. - Spydertrader
2005-03-02, Wednesday - Lists I used RS and EPS Settings of 90 for the following lists Stocktables.com Sevens - Ones - Zeros GSOL - WWCA - CMC SNHY - FLSH - EZPW WIND - HLIT - NSS ANST - ISRG - XPRSA PKOH - MHR - LCAV HURC - PMTI - MRVL FRD - HOLX - ANTP SPTN - CTSH - ELOS JOYG - MIPS - DTPI SNDA - WCC - MFLX Wealth-Lab Chartscript/Manual Hotlist ANTP GSOL ELOS FRD MFLX EZPW MIPS HURC SNDA SPTN Wealth-Lab Data/Yahoo Data Watch List TASR - DU Cycle - DU5 ELOS - DU Cycle - DU5 MFLX - DU Cycle JUPM - DU Cycle FFIV - DU Cycle ULBI - DU Cycle Wealth-Lab Developer Data & Equations/G33M4K Equations SRVZ Wealth Lab Equations - Dry Up (with G33M4K Score) No Stocks Meeting Criteria Eyeball Gallas2 "Keep an Eye on These" Stocks TASR (Attached) Yahoo Data/G33M4K Equations Dry Up Stocks with G33M4K Master List Score of Zero MFLX Stocktables Sort/Qcharts/G33M4K Equations/ Test Culling Method with Score Hotlist MFLX 0 PMTI 0 TOPT 0 MIPS 2 TRGL 4 ELOS 5 EZPW 5 FRD 5 HANS 7 KEYW 7 SNDA 7 ANTP failed to make the Final Universe due to float outside normal parameters. GSOL, SPTN & HURC failed to make the Final Universe due to insufficient Average Daily Volume. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=696983>
2005-03-02, Wednesday - Update The system failed to generate any trading signals today as actual volume for our Watch list Stocks failed to exceed any pro-rata levels or calculated Dry Up Volume. As a result, no trades for today. - Spydertrader
2005-03-03, Thursday - Lists I used RS and EPS Settings of 90 for the following lists Stocktables.com Sevens - Ones - Zeros PROG - WWCA - XTO ANST - HLIT - MT STNR - WCC - MTEX JOYG - CMC - PTRY JLG - ISRG - MRVL ELOS - HOLX - MEE KEYW - LSS - MIPS CCJ - FLSH - AFFX CUTR - MHR - LCAV NSS - VTIV - TOPT Wealth-Lab Chartscript/Manual Hotlist CUTR ELOS MIPS TOPT Wealth-Lab Data/Yahoo Data Watch List ELOS - DU Cycle - DU5 MFLX - DU Cycle JUPM - DU Cycle FFIV - DU Cycle ULBI - DU Cycle TASR - DU Cycle - DU5 Wealth-Lab Developer Data & Equations/G33M4K Equations SRVZ Wealth Lab Equations - Dry Up (with G33M4K Score) SYNA - 0 TRGL - 1 Eyeball Gallas2 "Keep an Eye on These" Stocks TOPT (Attached) Yahoo Data/G33M4K Equations Dry Up Stocks with G33M4K Master List Score of Zero MFLX Stocktables Sort/Qcharts/G33M4K Equations/ Test Culling Method with Score Hotlist MFLX 0 PMTI 0 TOPT 0 TRGL 1 MIPS 2 ELOS 5 EZPW 5 HANS 7 KEYW 7 CUTR failed to make the Final Universe List due to insufficient Average Daily Volume. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=697846>
2005-03-03, Thursday - Update Our system triggered a possible trade signal this morning when actual volume of TASR exceeded the 50% pro-rata level of DU5 volume calculations. However, neither MACD (-.0079) nor The Stochastic Indicator (23.8443) fell within desired parameters. In addition, we did not see price ($15.01 at signal generation) improvement. Lastly, the large gap at the open for TASR (12.9% gap) instructed us to stay clear of this trade. As a result, I took no action with regard to TASR either long or short. - Spydertrader
EDIT: Above quote should read, "In addition, we do see price improvement." I apologize for any confusion resulting from the above typo. - Spydertrader
2005-03-03, Thursday - TASR Update FYI - Actual Volume for TASR exceeded FRV Status by EOD. - Spydertrader
2005-03-04, Friday - Lists I used RS and EPS Settings of 90 for the following lists Stocktables.com Sevens - Ones - Zeros ALDA - CTSH - JLG SNHY - MDRX - XTO TIE - LSS - HOLX VPI - MIPS - SNDA STNR - NSS - FLSH WLL - CCJ - ELOS MT - CMC - VTIV SPTN - WWCA LCAV - HLIT ANTP - ISRG Wealth-Lab Chartscript/Manual Hotlist ANTP ELOS MIPS SNDA SPTN Wealth-Lab Data/Yahoo Data Watch List PACT - DU Cycle - DU5 TASR - DU Cycle EXM - DU Cycle FRD - DU Cycle - DU5 - DU10 MFLX - DU Cycle COGT - DU Cycle MIPS - DU Cycle FFIV - DU Cycle - DU5 HANS - DU Cycle CALM - DU Cycle Wealth-Lab Developer Data & Equations/G33M4K Equations SRVZ Wealth Lab Equations - Dry Up (with G33M4K Score) SYNA - 0 Eyeball Gallas2 "Keep an Eye on These" Stocks MFLX (Attached) Yahoo Data/G33M4K Equations Dry Up Stocks with G33M4K Master List Score of Zero EXM MFLX Stocktables Sort/Qcharts/G33M4K Equations/ Test Culling Method with Score Hotlist MFLX 0 PMTI 0 TOPT 0 MIPS 2 TRGL 4 ELOS 5 EZPW 5 HANS 7 KEYW 7 SNDA 7 SPTN failed to make the Final Universe List due to insufficient Average Daily Volume. ANTP failed to make the Final Universe List due to insufficient float. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=698551>