Spydertrader's Jack Hershey Equities Trading Journal III

Discussion in 'Journals' started by Spydertrader, Dec 30, 2006.

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  1. You're not alone.

    This is also where I 'mess up'.
     
    #1241     May 7, 2007
  2. I still couldnt nail the PV down maybe because im looking too much on the "chlorophyll" level instead of the forest view when trading daily bars. I get lost when I couldn't see an "obvious" volume trend or when the indicators do not line up "perfectly".

    The stock I entered today based on my read that isn't on the list is ATI @112. So far, today's volume at 9:30pst is equal or a bit more than fridays' close -166M. it has bumped off the RTL. MACD has been diverging and should most likely hit close to 0 today. The only downside is that it has yet to break $113 which is the 20MVA and for the stochs to break 50 upwards. I would expect for volume today to hit close to 2M at the current run rate and for a follow thru tomorrow to break 113 as it would appear to BO on the 7 day channel.

    The price has been trending down in the last 7 days; with volume trending down as well. Ergo, the price should change over time. With price up today; i need volume to go up today and tomorrow as well (thinking out loud! lold ;=) )

    cheers!:D
     
    #1242     May 7, 2007
  3. Did anyone play HANS prior to today's cc?

    Monster volume today; will it BO in the next few days? Change in volume trend against the ST trend will lead to a BO in the current 5 mo consolidation?
     
    #1243     May 7, 2007
  4. gpzany

    gpzany

    Did anyone have GROW's earnings release on their radar today?

    Could not get any financial information for it... big gap down... ouch!
     
    #1244     May 7, 2007
  5. :D yikes...hope the burn wasnt too bad.

    I was seriously considering it but without the DU flag for a while and was closer to the LTL; I chosed to wait for it either FTT or BO before I went in as the last uptick on 4/30th had no follow thru either in price in price or volume. Furthermore, the 20MVA never got violated. so I stayed away.

    HANS on the otherhand had an interesting move today; will it follow thru tomorrow?

    regards
     
    #1245     May 7, 2007
  6. Here is HANS.

    To BO or to FTT. Massive volume = breakout of consolidation?
     
    #1246     May 7, 2007
  7. gpzany

    gpzany

    hey virgintrader,

    i have been using mischief's scripts for a while so am following the basic methodology pre channels and all the rest of the intermediate and advanced stuff.

    Still in testing so no damage done, but makes it frustrating when you can't find earnings dates for some of the stocks in the FU...

    cheers.
     
    #1247     May 7, 2007
  8. Earnings for some of my FU:


    CECE: 05/08/2007 !!!!
    CHDX: 06/25/2007
    DXPE: 07/23/2007
    FRPT: 06/14/2007
    GMKT: 06/06/2007
    GRRF: 05/11/2007
    IIG: 09/06/2007
    ININ: 07/24/2007
    JADE: 05/14/2007
    JSDA: 08/09/2007
    LEND: 05/08/2007 !!!!
    MEH: 07/26/2007
    OMRI: 05/08/2007 !!!!
    SIRF: 07/24/2007
    SNCR: 08/06/2007

    JAC
     
    #1248     May 8, 2007
  9. gpzany

    gpzany

    Thanks JAC,

    I've got most of them, just some I have trouble with... like GROW...

    I suppose we could cull off symbols that we can't find data for...
     
    #1249     May 8, 2007
  10. Don't give up quite yet........you can always look for information on each individual company's website. I do it all the time. There was a utility posted in J2 that used yahoo/clearstation data to help cull stocks and check earnings dates. That may be helpful since you could enter a large number of symbols and get the available dates fast.

    JAC
     
    #1250     May 8, 2007
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