Recent content by justyield

  1. J

    Spydertrader's Jack Hershey Equities Journal II

    I sim-traded the Nikkei (SSIH7) today and took out 80% of the day's range using the FTT method (using IB's simulator). This included 2 wash trades (which covered the commissions). I've got the chart and prints if anyone is interested. It would have been over 100% but I was late back after...
  2. J

    Spydertrader's Jack Hershey Equities Journal II

    I hope you don't mind if I add something: I think Jack means that the only thing people agree on is the price when they trade. They disagree on most everything else, including the direction (obviously). During volume dry up, they cannot even agree on price and price has to show movement...
  3. J

    Spydertrader's Jack Hershey Equities Journal II

    Cool response in the face of typical negativity. Nice "low risk" rocket trade. Still lurking and learning. JY
  4. J

    Spydertrader's Jack Hershey Equities Journal II

    Very nice, and there were clues for those who were looking on the final 30 minute volume bar the day before. Sometimes FRV starts the afternoon before and this may be missed in the EOD analysis. JY
  5. J

    Spydertrader's Jack Hershey Equities Journal II

    Ouch. Paper trades: Sell GIGM 8.10 ~10:20am Wash Sell IVAC 23.90 ~10:20am Wash Sell NTRI 63.76 ~10:20am -2.9% Sell ARD 34.54 ~11am (held until 30' stoch < 80) +1.6% Sell ALJ 35.85 ~11am (held until 30' stoch < 80) +1% / wash This shows to me that I will have to monitor...
  6. J

    Spydertrader's Jack Hershey Equities Journal II

    GIGM +0.1%. Will probaby sell between open and 11am. IVAC +3.3%. HOLD. Down on lighter volume, stochs OK. PRFT - took stop at 12.65 -3.4% Buys on 12 July: Buy NTRI 65.65 -1.1%. HOLD as up on day and volume and stochs OK. Channel position a concern. Buy ARD 33.98 +1.2%. HOLD...
  7. J

    Spydertrader's Jack Hershey Equities Journal II

    Hi foible, I'm a beginner trying to lean (or a learner trying to begin), so please take these comments in that context: As gooch says, RHAT does not make the cull because of RS and float being out of range (RS = 17, EPS is strong though at 94 - from stocktables). The volume profile is...
  8. J

    Spydertrader's Jack Hershey Equities Journal II

    These are real-time paper trades (everything is there except the risk / reward part and the stress): Buy GIGM 8.11 - 12:20 11 July Buy IVAC 23.98 - 12:35 11 July Buy PRFT 13.10 - 12:30 11 July PRFT and IVAC are gap-ups on positive announcements - what do we think about these? If anyone...
  9. J

    Spydertrader's Jack Hershey Equities Journal II

    I know it's tempting to be Harry Hindsight, but I did not understand his entry for ATHR. It seemed to be made before any indication of increasing volume - or am I mistaken? Don't you want higher volume at the opening AND evidence of price increase AND confirmation before entering? The stochs...
  10. J

    Spydertrader's Jack Hershey Equities Journal II

    Apologies if I came across as critical, I am learning too. Another thing I don't like about ANDE (apart from the volume) is that the Slow Stoch is stuck in the basement. The setup I am testing (with water-wings attached) requires the Slow Stoch to ideally be above 80 as the fast stoch...
  11. J

    Spydertrader's Jack Hershey Equities Journal II

    Many thanks for the detailed reply, very informative. I guess what I don't understand is the volume element - the stock was not in DU recently, so where is lift-off going to come from? JY
  12. J

    Spydertrader's Jack Hershey Equities Journal II

    Thanks for the list, I got most of them. Can you please explain how these ones make it to your hotlist though: CERS CFK EMKR NEU TASR TFSM Some appear to have negative eps or low volumes. NEU, which passes both these tests seems to be on the RHS of the down-trend channel, which is a bad...
  13. J

    Spydertrader's Jack Hershey Equities Journal II

    Hi could you elaborate please - why is this one ready (under Hershey method)? JY
  14. J

    Spydertrader's Jack Hershey Equities Journal II

    OK, I'm a bit confused by this - these stocks weren't on my list using the wealth-lab scans. I must be doing something wrong. My observations below are given in the spirit of debate and learning - I appreciate comments and suggestions as to what I am missing. CBEY: 20.05 failed to...
  15. J

    Spydertrader's Jack Hershey Equities Journal II

    Yesterday evening (I'm in Singapore, EST+12) I put some of the stocks on the dry up list into my primitive live quotes watch list. By 10am EST I asked my wife to take a look at the risers on my short list (having done some homework to determine those most likely to move). She was impressed both...
Back
Top