Others I plan to watch tomorrow: FTK, GROW, GRRF, SIGM, SMSI, SYX, ULTR, VSR, XING Hope this helps somebody...
Can I ask how other people do their culling and sorting? I have read most of the threads and I use stocktables.com to get the initial list of approx 100 and my trading software can generate average volumes and the like. For getting rank and estimating DU I currently use the Wealth-Lab scripts although I will probably shift this to the trading software in time. However, as far as I can see the culling for float and EPS needs to be done manually - quite a task for several dozen stocks. Is there a way to automate either fully or at least in part the float and EPS checks? At the moment I am pulling up the Yahoo page for each one and checking for positive EPS and float, which takes quite a while. Thanks Suss
First time in Spydertrader's thread since 2 yrs ago when I followed Journal I briefly. Now that I'm no longer shackled by personal trading policies and junk, I can trade freely. Bought TASR on Monday as it broke DU and MACD/Stoch positive/80+. Held through today and it has reached peak. Will sell tomorrow in the first 30 mins. So far a gain of 3.8%. First JH trade using beginner method.
Sold SOLF - 13.62 + 2.1% Sold SYX -21.10 + 1.6% Sold SMSI -16.37 -2.6% Was conservative today - saw the the "market was gonna be down so I got out of all at the first sign of a retrace. Thought SOLF was gonna hurt me the worst today but ended up being the best, Go figure. Almost bought GROW and TASR also, but I'm still conservative with my trading, like the saying goes, there will be another train coming shortly. So decided to not buy today - needed a retrace after yesterday's rocket.... Has anyone checked out the newbie JRJC? Jeeze, in 10 days it's gone from $15 to $43..... I'll post a watch list later.
in jack's journal, he states that the middle list (1's) should be taken from continuing up from the bottom list (0's). pg 19 post 3 http://www.elitetrader.com/vb/showt...ghlight=hershey equities thread&pagenumber=19 in these journals spyder has the bottom list as the 1's "The short list from the bottom I entered as portfolio "1's". The short list from the top I entered as portfolio "7's"." spyder also says to take what he refers to as 0's from the middle (stocks with no %volchg) of the list. so there are two huge discrepancies: 1. Jack called the bottom list 0's (he called this the most important list) whereas spyder has the bottom as the 1's. 2. Jack said to look at the stocks directly above (what he called) 0's to find (what he called) the 1's whereas spyder says to get them from the middle of the list..... can anybody try to help me straighten this out?
I've been using Telechart for a few years - You can screen for all the parameters that Spyder/Jack recommend. Price Avg volume EPS rank RS rank Float Insider owned Institutional owned I get a different list, however, cuz after some checking around, RS ranking is a proprietary(sp?) thing that each company has their own formula to give a rank. To be honest, using stocktables is better, cuz more people use it, so you get more interest/volatility with that.