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Monday was a good day overall. JRJC Purchased JRJC early on in the day. The daily chart showed a pennant showing and the volume was picking up around 10:00. I purchased early, but it allowed me to get in before the first jump. So far it is up over 10%. I will tighten my stops and hold on...

Hello all, I kept this journal on Friday. Please let me know if this is helpful. -------------------------------------------- Held from Previous day - CHDX, MELI. 9:31 - Short MEE - Probably stupid to do this early, but EVERYTHING else is up, and I had this one marked down as a...

Hello all, As I wrote about a few days ago, I am actively trading equities with the Hershey method. However, before making the decision to go all Hershey I had seen that Solar Stocks were below support and there indicators they were ready to rebound. I bought several of them, and have...

I have a question which Spyders reply brought to mind. When should I make the move to futures? Is there a threshold of understanding/experience that I will just "know," or will it be a leap of faith no matter what? Or should I "test the waters" first to see what it is like? Thanks again...

I will do that. The P/V Relationship. Does this have to do with something I think I have observed. Volume brings to light the pattern of price. In other words, as volume increases, it will expose whether the stock is moving in an upward or downward trend. So a stock will jump on lots of volume...

Hello all, I started trading with the basic Hershey equities method as mapped out in the first journal back in late February. When I started I made a BUNCH of mistakes. I knew the rules, knew the method, knew that your supposed to follow the method consistently.... but I guess this is...

I ran the stocktables report, the rank scan, and then checked clearstation.com. It looks like DLB HLF SLH Are added to my FU.

Hello :) I was wondering something. I am working my way through the first couple of journals again, and I was wondering if your FU would be suitable to replace my much smaller FU (I just started it last week), knowing that I am using Spyder's basic methods right now. Jamey

Spyder, Thank you very much for your prompt response and encouragement :). I have found the yahoo java screening program and it will make this whole process MUCH easier :). I am looking for the answer to the following question in the journals, but maybe you can help out a little bit more...

Hello all, I realize I am WAY behind all you guys, but I thought this would be the place to post this since it is the descendant of Spyder's previous journals. I started a few months ago, but took a break. I am looking to start trading again. I am rereading journal one and working my way...

I have read through some of the journals. I still have lots to read through, but where do you pick up the information on using Hershey to short? Thanks. Jamey

Thanks. I need to learn this as a discipline. I stopped out of BKI today, but at a lower price than I should have. I get worried sometimes about "missing" a big gain. But I should be more worried about losing my shirt. I do have a question, however. With the Hershey method, I know that Spyder...

Well, if it makes you feel any better, it just hit DU. Also, it from the looks of its charts, it is at the bottom of its trading chanell and has been in an upward trend.... Jamey

I thought I would write on a costly mistake I made yesterday. I was ruled by greed. I have been doing very well with this method over the past two weeks. I started with 8k and am up to 11k. Yesterday could have been a great day with the stock JADE. I got in early and the stock shot up, then it...

I'm with you on BKI.... Maybe we'll all go down together ;) Jamey

Yeah, I missed out on ARGN's initial spike. I am up a shade on it, and holding on to see if it will do anything else. JADE was a bit of a risk for me, so I put a tight stop on it. The volume was just so high so early, and the projection of the lines on the Stochastic and MACD were...

Anyone else in on Jade this morning? Jamey

Hello all, I was wondering if someone could update me on what the best way is to cull stocks out of the final universe. Thanks! Jamey

Well, SIGM proved to be a bust. The volume completely died and the price stagnated. I sold off making .15 points. However CMED and FTK went well today. I sold off FTK at the EOD, but held CMED. Jamey

I have been trading, following Spydertraders Hershey Method, for about a week now. I started last week with $8000 dollars. As of 11:00 today, I am up to $11,000. I have made a few wrong moves. In general, though, I have stopped out of those, and those have been made when I deviate from the plan...