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First, keep in mind the 'stops' recommended in this Journal work in such a way to avoid a huge loss from an unforeseen event, and not, as a desired exit point, or to reduce overall loss. Using a stop offset method for setting stops (as described in the videos linked earlier in this Journal)...

The Universe of Stocks changes slowly over time. In fact, not a single equity in the Universe today held a spot back when I began the first Journal over 18 months ago. Each month, some stocks fail to measure up and fall off, while other equities rise to take their place. In addition, following...

<img src=http://i.timeinc.net/teenpeople/images/2005/news/100705_wie_180.jpg> <img src=http://www.golftodaymagazine.com/0512dec/images/ss1%20Michelle%20Wie%204.jpg> <img src=http://www.raisport.rai.it/pub/static/76200/20050612golfHawaiiMichelleWie.jpg> <img...

I use the same Universe of Stocks for shorting as I do for entering into a long position. They key to the whole system starts with a Universe of "High Quality Equities" selected using specific fundamental parameters. Moz posted a copy of some guidelines Jack used with respect to short trades...

As many of you already know, I head to Tucson, Arizona early tomorrow morning. I plan to return next Monday evening, and look forward to an interesting trip. In the meantime, good trading to you all. - Spydertrader

Alrighty then. Looking forward to it. - Spydertrader

Qcharts here MAK. - Spydertrader

I also have the same Dry Up List as posted above (excluding BITS). Quote.com lists BITS as having an EPS of .15 currently, yet as Stevegee58 pointed out, price for BITS falls well below the $10.00 USD threshold. - Spydertrader

Speed Channel plans to broadcast Qualifying for The Pocono 500 Nextel Cup Series Race from Pocono Raceway - on Friday at 3:30 PM Eastern Time. This weekend's racing schedule: Formula One Foster's Bristish Grand Prix - CBS Sunday 1:00 PM Eastern Time Nextel Cup Pocono 500 - Fox Sunday...

I did the same thing with PWEI. Once it became clear to me PWEI wasn't going to head higher today, I exited. I too see no reason to hold when momentum continued to push price in the opposite direction of my trade. I also had GIGM on my list of stocks to watch today. Had it not been for the...

I exited PWEI when it became clear I had jumped into another FBO today. As a result, my combined losses for two trades (including commissions) equaled -$49.30 USD. - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1092956>

I had IVAC on my list of stocks to watch today, and flat out missed it entirely. Excellent trade on your part. - Spydertrader

Entered into a small long position with PWEI, and sold COGO when price went negative on the day (Ross' Rule) - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1092736>

Testing the waters here with a small long position in COGO - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1092703>

Shawshank Redemption

Instead of giving you my answer in a straight forward and easily understood fashion, I'm going to provide you an answer in the form of a riddle ..... :D Just kidding. Nice flow chart you have here. My only suggestion would be to begin to look into how Jack's use of 'Unusual Volume' (or %...

Matt Kenseth rallies with three laps left to win at Dover. - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1092296> Photo Above Sponsored by Gatorade

While away on holiday, things do tend to pile up, and often, one can feel a bit 'out of sync' with the markets (as well as the rest of one's life) upon returning. As a result, I always give myself one day to 'catch up' before jumping back into full trading. Taking on smaller positions, or...

I unplug 3 - 4 times a year. While I haven't ever spent an entire summer away from trading, I never bothered to even read the financial section of the paper while 'offline' and on holiday. I move everything into cash before we simply pack up the kids, and head somewhere fun. Sometimes, we spend...

While Carl Edwards took fresh tires late, Jeff Burton stayed out and the multiple grooves allowed him to hold on for the StonebridgeRacing.com 200 win Saturday. Burton started 36th, the farthest back for any Busch winner at Dover. - Spydertrader <img...