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Hi Spydertrader, Can you list the high band and prior volume numbers you have for ELOS and MCRI? I ask because I do not have them anywhere near DU: ELOS: Prior Volume: 493,657 Upper Band: 125,252 MCRI: Prior Volume: 216,159 Upper Band: 79,378 I used the code you provided and I...

30 minute time frame When Spydertrader initially started his journal the target time for stocks to exceed dry up was 11am, which is the time that Jack Hershey teaches. However, he (spydertrader) changed the target time recently to 11:30 in order make it easier for people to break down...

Hi Trend Fader, Have you (or anyone) ever done a statistical evaluation of your risk method? In other words, let's say that you are right and 1 in 1000 trades ends up with a 30% (as an example) gap down in price overnight. Does the decrease in risk from taking smaller positions compensate...

Spydertrader, While you were gone last week I thought I would start tracking your new method, since it is sure to generate a substantial amount signals. I will continue to track it as you are and let you know of my results when I can find time to post. I am currently paper trading, are you...

You still want to use the 30 minute chart... but can ue other fractals as affirmation.

Then I apologize. I am surprised though, as it took me three months to read all of Jack's and other's usenet posts and websites listed below: http://groups.msn.com/JackHersheysS...ion=get_threads http://sputnick5.www8.50megs.com/ http://mycoolstars.hypermart.net/...

Jack mentioned a number of time that he sometimes broke his own rules for stocks that had performed well, but did not meet all the criteria of the Hershey stock selection, naming then "tenured" stocks. I think you need to go to the first page of this post and start reading all the background...

I'm sorry I couldn't help more. I am glad you found a solution. I hope that the spreadsheet has helped you cut down some of your preparation time. Correct me if I am wrong, but I think these are the SVRZ equations that SRVZ and Sypdertrader worked on some time ago. They use calculations...

Although I can't find the specific post, I believe that Jack teaches to "filter out the noise" of block (large) trades, which he typically attaches to "naive, young fund managers". Although, he usually mentioned block trades in conjunction with his "stop offset" method, so I may be confusing...

Very strange... I downloaded the spreadsheet you posted. First thing I noticed is on the "Float" tab, for some reason the numbers were not delimited correctly... in other words, they downloaded as three separate numbers instead of one (i.e. 1,234,567 will download as three different numbers...

Hi odelys, I may be reading this wrong, but it is not necessary to insert a column with this spreadsheet. All you have to do is hit the "hide" button, and it will automatically hide all stocks (rows) that do not meet the criteria you specified at the top (EPS, volume, min price, etc.). Once...

For those of your interested, I made a simple macro in Excel that will weed out stocks from the final universe that do not meet the float, avg volume, EPS, and price constraints that Spydertrader mentions. I am not sure who wrote the original macro ("fetch yahoo"), so I am not sure who to...

Spydertrader, Are you still using QuoteTracker for alerts? If so, do you come across situations where your alert doesn't fire for some reason? I would say about 1 in 20 of my alerts don't fire (that I have noticed). I'm working on it with QT, but was wondering if you have noticed the same...

I am a little confused by this statement... are you stating that you no longer cull the hotlist for float and average daily volume constraints? I understand removing the 7-0-1 sort, in fact, I removed this myself some time ago in order to create more opportunities with stocks that were in...

Spydertrader, Looks to me like, that at the time of signal generation, MFLX was already up 11% on the day. I know you to typically be extremely risk adverse, and although this stock didn't gap up, it did rise in price considerably from last nights close. What were your thoughts when you...

You are absolutely right, I made a very poor decision. I am fairly new at this, so I keep finding more and more reasons to continue to paper trade for the time being, keep reading this journal (don't ever stop posting btw :D ) and anything else I can find on the subject. As Jesse Livermore...

Spydertrader, Let's say you get a volume alert at 50% pro-rata volume, and you do not take the trade b/c the parameters to buy are not meet at the time of signal generation. Then, at 100% DU volume, you get another signal, and things have improved to the point where all conditions have been...

I would have to strongly agree with this statement. I have been studying the Hershey method since November and have been paper trading since March 1st and I learn something new almost every day, having made a number of dumb mistakes. Spydertrader, This is the first I have heard that you...

Spydertrader, Would you be so kind as to post your Final Universe as it stands today? Many thanks. :)

Hi Spydertrader, I was hoping you could assist me, as I think that I am doing something wrong when calculating DU Cycle or DU 5,10,20 (or both!). Allow me to clarify. I currently use Wealth-Lab developer along with the extremely handy Hershey Equities script that you and a few others...