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    Spydertrader's Jack Hershey Equities Journal II

    Jack advises with futures, that you stick with 1 contract until you've doubled your money three times, and taken the doublings out three times. i.e. 5k -> 10k, take out and spend 5k. Repeat 3 more times. Once you've done that, you are ready to start increasing size. YMMV, but I'm doing...
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    Spydertrader's Jack Hershey Equities Journal II

    Hi Bundle, Just a quick comment - I had the same thoughts on the 24th as you do, until I remembered that: 1. It was the day following a Holiday 2. It was only a half day 3. It was a Friday After thinking on those things, I pretty much threw it out as being valid for volume purposes. Of...
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    Spydertrader's Jack Hershey Equities Journal II

    Out TXCO @ $13.05 - Ross Rule
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    Spydertrader's Jack Hershey Equities Journal II

    Entered long TXCO $13.36
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    Spydertrader's Jack Hershey Equities Journal II

    Sold NEU $65.17
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    Spydertrader's Jack Hershey Equities Journal II

    Nice call on NVEC! Thanks for the comments Gooch Sold SIRF - $31.54 Sold SMSI - $16.73 Sold GIGM - $10.32 Holding NEU, but not sure for how much longer. Time to debrief - I'm not pleased at all with how I'm doing on decision making for holding and exiting. Entries are ok - still...
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    Spydertrader's Jack Hershey Equities Journal II

    As a suggestion, I would put volume on your charts. You are able to better identify what is going on, whether its a retrace, hitch, dip, stall, FTT, etc. From the 10th to the 15th, we had a dominant channel traverse, which ended at a volatility expansion line. I'm seeing these red bars as...
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    Spydertrader's Jack Hershey Equities Journal II

    I can't answer this since I am neither a 'meet up' person, nor do I keep in contact with any of the 'meet up' people. Even if I could answer it, what good would it do? If the best trader had made 250% on their capital YTD, how would it help you? Would you go visit them and ask them what their...
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    Spydertrader's Jack Hershey Equities Journal II

    Continuing to hold: SIRF SMSI NEU GIGM
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    Spydertrader's Jack Hershey Equities Journal II

    I don't know if you were directing this at me... My take on it is that I'm looking for a stock that cycles first and foremost, and is a quality stock secondarily. I'm not concerned in the least if analysts say one thing or another - I'm concerned about finding something that can put the...
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    Spydertrader's Jack Hershey Equities Journal II

    Gooch, Which bars are you using for your pts 1,2, and 3 on the "taping" channel you have drawn in using the light purple?
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    Spydertrader's Jack Hershey Equities Journal II

    Long GIGM @ ~10:25 $10.73
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    Spydertrader's Jack Hershey Equities Journal II

    EZPW exceeded LBDU. Passed on signal because 30 minute indicators failed to meet criteria, and daily did not have increasing MACDh.
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    Spydertrader's Jack Hershey Equities Journal II

    RACK LBDU vol exceeded ~10:20 Passed on the signal because daily and 30 look more like a short candidate.
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    Spydertrader's Jack Hershey Equities Journal II

    Dropped OMNI 10:09 $9.14 $.20 loss Still holding NEU, SMSI, SIRF.
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    Spydertrader's Jack Hershey Equities Journal II

    After reading your post a couple of times Bi9foot, I noticed that you made the statement "predict" a couple of times. One of the things I found useful, was to replace the concept of predicting with anticipating. As an analogy, when you play chess, you can only move a bishop diagonally. As...
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    Spydertrader's Jack Hershey Equities Journal II

    I don't want to sound critical, and if I do, I apologize in advance. If you post charts, could you please scale them to fit within the standard ET frame? If that doesn't work, could you just attach them, instead of imbedding them? When wide charts are imbedded, which change the width of...
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    Spydertrader's Jack Hershey Equities Journal II

    Long NEU at ~10:16 $65.59
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    Spydertrader's Jack Hershey Equities Journal II

    Earnings: CTRN - 11/17/06 LQDT - 12/06/06 Gooch - nice debrief on SMSI. Excellent trade!
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    Intelligent Design is not creationism

    Funny - Jesus Christ, God in flesh, quoted in the Bible, said "Your sins are forgiven - go and sin no more." That certainly wasn't a state of his mind - or of the various people he spoke that to. Your diatribe about being part of the Christ mind/consciousness/whatever might be your belief...
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