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    Spydertrader's Jack Hershey Equities Journal

    On the surface, choosing the weakest stocks would appear to be the logical choice for shorting the Hershey Equities Method. However, after reading volumes of information written by Jack Hershey, one cannot help but come away with an impression that "The compound Interest Formula" and "Maximizing...
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    Spydertrader's Jack Hershey Equities Journal

    LIFC Daily Chart
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    Spydertrader's Jack Hershey Equities Journal

    ANIK Daily Chart
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    Spydertrader's Jack Hershey Equities Journal

    Hopefully, I did these channels correctly. - Spydertrader
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    Spydertrader's Jack Hershey Equities Journal

    10/04/04 13:43:19 26.44 26.36 26.47 200 In an effort to protect a portion of the profits obtained using this method, I have sold 200 shares of HANS at a gain of $1.34 per share (5.33% gain). The remaining 200 shares I will hold until our target price is reached ($27.60). In addition, I have...
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    Spydertrader's Jack Hershey Equities Journal

    I frequently observe similar behavior with Hershey Equities. HANS remained in Dry Up for six consecutive market days while ANIK stayed in Dry Up for 14 consecutive days prior to volume break out. - Spydertrader
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    Spydertrader's Jack Hershey Equities Journal

    At 10:42 AM, our system triggered a signal on EVCI when actual volume exceeded calculated Dry Up Volume MACD: -.0239 Stochastics: 5.2633 Price: $6.82 (Did not trade) At 10:49 AM, our system triggered a signal on ANIK when actual volume exceeded calculated Dry Up Volume MACD: +.0567...
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    Spydertrader's Jack Hershey Equities Journal

    We didn't actually 'move' the above two stocks from one list to another. Volume for both stocks above currently exceeds dry up volume. Stocks NOT exhibiting dry up volume on the previous market day, cannot make it into our daily Watch List. Stocks from our three lists (ones, zeros & sevens)...
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    Spydertrader's Jack Hershey Equities Journal

    7 1 0 CNC ARTI HANS PMTI CNCT CFC VSEC UPL DECK ULCM LEND HDWR CMTL TASR NAVR TS PENN PETD DPTR ALDN TNP SIE CRDN HRT FTI URBN GIVN ECSI NIHD INSP Hot List: TASR VSEC HRT ALDN HANS DPTR CRDN PMTI NAVR ECSI...
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    Spydertrader's Jack Hershey Equities Journal

    Yes, this is very similar to what I do with the Quotetracker program. I think what you describe could be very helpful with excel. Combine that which you suggest with automated scoring and I think you have a winner. Your screen here would appear to provide added focus on a particular group of...
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    Spydertrader's Jack Hershey Equities Journal

    I have enjoyed reading the ongoing discussion regarding time and length of various cycles. To answer the above question, we need to look at how we arrived at the point in time that resulted in the question being asked. Jack Hershey operates from a standpoint of excellence. He seeks to...
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    Spydertrader's Jack Hershey Equities Journal

    I agree with your observations here. Trade management is a topic that deserves discussion. Had HANS increased in price to a 5% gain over our entry price, I would have posted such a transaction. Unfortunately, the trend reversed prior to reaching that level. In addition to 'trade management,' I...
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    Spydertrader's Jack Hershey Equities Journal

    Thanks for posting your chart. I appreciate the explanation for the roller coast ride today. Please, feel free to contribute your insight. Your continuing efforts have added much to our discussion. - Spydertrader
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    Spydertrader's Jack Hershey Equities Journal

    Don't change a thing. It works perfectly as it is. For Jack's PVAD formula, you simply need to compare the accumulation or distribution to the day prior. As a result, you aren't using BoP as an indicator per se, but you use it to calculate another indicator or 'score' in our case. Again...
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    Spydertrader's Jack Hershey Equities Journal

    Our System signaled three trades this week. Of the three, our rules prevented us from trading two of those signals. The two stocks on which we passed (GMAI and ENWV) continue along different paths. One (GMAI) would have resulted in a slight gain. The other (ENWV) would have resulted in a...
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    Spydertrader's Jack Hershey Equities Journal

    I compared your BoP Formula with warden's BoP formula over several charts of various stocks using different time frames. The lines look identical to me. If a difference exists between your formula and that of warden's Balance of Power, I don't see it. Excellent job! - Spydertrader
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    Spydertrader's Jack Hershey Equities Journal

    Yes. 400 shares @$25.10 Edit: Last price $25.83 @ 1:08 PM Eastern Time
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    Spydertrader's Jack Hershey Equities Journal

    Attached, please find a Risk calculator written by Ctrader. Use the above risk levels and account information, so you can see how it works. - Spydertrader
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    Spydertrader's Jack Hershey Equities Journal

    Proper money management technique remains equally important to using a trading system (or set of rules) with a positive expectancy. The following link directs you to an extremely well written document in which the author discusses all aspects of proper money management. I strongly recommend...
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    Spydertrader's Jack Hershey Equities Journal

    At 11:00 AM, we received a signal to go long HANS as dry up volume had been reached. We see price improvement as well. MACD was well into the positive range, and The Stochastic Indicator confirmed the trend. (MACD: .015, Stoch 80.14). As a result, we entered a buy order (Jack Hershey advises...
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