Recent content by johnc99

That makes sense. Thanks for the reply. -John

Sydertrader, have you heard about the Nasdaq early morning trading sessions about to implemented? http://www.nasdaqtrader.com/Trader/News/2005/headtraderalerts/hta2005-011.stm I'm a little concerned about how this new type of trading environment will affect things, given that most of the...

Sure no problem. I have a mentality of “never being able to leave well enough alone”, so based on the knowledge I've gained thus far from this incredible journal and reading through everything I could find on Hershey material elsewhere throughout the net (thanks for all the links), I've...

Interestingly enough, I was able to short ULBI at 16.38 this morning, covered half around 15.55 shortly thereafter (dropped like a stone) and subsequently got shut out of my account as a potential pattern day trader because I'm a small fry and have less than 25k in my account. Grrr!! Really...

There was a good short trade in BSCI this morning using a 25% DU signal, and another quickie short on Tuesday with ULBI. In my limited experience so far, I have noticed that the 25% signal seems be the best for shorts, since it gets you in as early as possible when the stock is dropping fast...

Heh, yep. Worked out though sort of, got filled on first half this morning at 18.17. It's dropping like a stone now, will probably hit breakeven stop for 2nd half. At least I got something out of it. Viva la TASR!

Was also looking hard at APPX this morning, but it couldn't seem muster the volume during the first 2 hours. See the nice pullback on the daily chart. Incidentally, I was considering Spydertrader's alternate entry for zero-score stocks, but when dry-up volume for APPX was reached around...

In the interest of keeping things up until Spydertrader returns, thought I would post a new trade. Took TASR long this morning at $17.30 on a 50% pro-rata DU signal. (see attached file). Should've gotten in earlier, but a volume alert popped onto my screen for either TRMM or BLTI (can't...

Spydertrader, thanks for your thoughts on this. In order to reduce risk and help prevent early "false" volume signals, I was thinking of modifying the approach somewhat by splitting the difference between the 4 level pro-rata entry and your original full dry up entry. In other words, use only...

Spydertrader, welcome back. Was wondering what your opinion was so far on the concept of using the 25/50/75% prorata dry up volume entry? This seems to be a relatively new development in the journal and I realize the bulk of the successful trading you've done with the Hershey equities method...

Spydertrader, thanks for your help with TASR last week, you cleared up some confusion there I was having. I know you are not officially recording short trades for this journal, but would SINA have been a good short candidate this morning? Looked like MACD was negative and stochs were...

Spydertrader, I have a question regarding TASR. I see you have this on your watchlist as well. According to my numbers, it looked like it exceeded prorata volume this morning (around ten-ish), had price improvement, along with positive MACD and stoch in the 90's on the 30min fractal...

Thanks very much for reviewing the script, glad I'm on the right track. Great idea about the comments window, it IS becoming a bit nuts. I'm just using the peakbar/lowbar variables for determining the 20% price moves, but I see what you're saying. I look forward to any further...

Spydertrader, thanks for the detailed reply and additional clarification. I think I understand now what you're saying regarding the DU volume calculations. Although I'm not a WL coding expert by any means either I have attached a modified version of the original chart script with the...

Hello Spydertrader. I've been following this journal with great interest the past couple of months and appreciate the time and effort you are putting into this. Great work! I have some questions regarding your dry up volume calculations. In a previous post you described the DU 5 calculation...