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8833broc, Yes, your ideas have served as an inspiration for me. Trading using the strict mechanical rules that you've listed has been very kind to me, and I'm looking towards the future and asking what others' experiences have been. I think that Jack has laid out a lot of material for us...

Hey Spydertrader et al., I've been reviewing the transcripts for the IBD meetups and rereading "Building Minds for Building Wealth" and trying to make sense of what Jack is saying. From what I can tell, the theory is that as stocks move down through their channel and touch the right...

While I'm at it, I notice that Jack's <a href="http://hersheyuniverse.blogspot.com/">blog</a> hasn't had any activity since the 4th of October. Has this been moved elsewhere or is he just refocusing his energy? Yeah, I know, trading futures isn't something that I'd planned to do for 6-12...

I'm going through the October camtasia (better late than never!) and Jack is talking about creating some threads here on elitetrader where he's going to manage a portfolio or walk through his trading methodology, apparently under a new nickname. Has this started, yet? Can someone please post...

http://mailgate.supereva.com/misc/misc.invest.technical/msg15804.html

I got burned by that one too, and it prompted me to go back and review all of my trades and I realized that yeah, most of my trades were for just a few percent. I would like to try for larger moves, but there seems to be a good supply of low risk, dependable, bread-n-butter setups that occur...

Heh, yup! I'd say that the system as presented in Journal I looks deceptively mechanical and simple, but there are a lot more subtleties involved than I realized. It is a very good start, though. You can screw up a number of things and still take a wash or small profit which is amazing...

Hope you got out (or are getting out)!

Ha! I'm not so clever. I got my first short on SMSI at 16.26 and was adding all the way down to 15.60. When it came back, I exited for a very small profit. While you could certainly get a better price where SMSI is trading now, I want to see some sign of continuation, like volume coming...

You can get back in for 15.97 if you act quickly. But do you want to?

So to catch things like this in the future, I would monitor the final universe after trading, looking for stocks that show some potential weakness, then place price alerts outside the channel lines. When the alert gets triggered, I would confirm that the volume is strong and then I would enter...

Not sure if it has been mentioned or not, but the September and October Camtasia videos of Jack's IBD talks in Tuscon are up at http://www.traderuniverse.info/hersheyvideos.htm

What do you mean when you say it "signaled"? Are you using an eyeball approach, or are you using alerts in QCharts to notify you of these kind of events? With DTLK in particular, volume has been increasing steadily over the past week and was well above its 65d average which had pretty much...

OMNI looks messy. I took a position in OMNI yesterday around 8.54 average price, but exited for a wash when price ran against me on large volume. Not sure what my feelings are towards those that entered on a DU breakout and held. I'm glad they got rewarded, but think they could get burned...

I didn't take a position in ANDE yesterday (it signaled fifh, and I just take the first four signals), but I wish I had. Congrats to those that did. With almost no downcandles at all yesterday, and with a $1 rip in 15 minutes off the opening today, wow! A great example of why it can pay off...

I'm using the same date as gooch: http://zacks.com/research/report.php?type=report&t=dtlk However, earnings.com shows earnings on the 18th: http://www.earnings.com/company.asp?client=cb&ticker=dtlk Yick. I hate conflicting data sources.

Why wouldn't they be? You a Canadian by any chance, would you?

Wow, FTEK has been on quite the ride. I agonized over it because I didn't want to cough up the .10 spread in the early morning when I could have entered for 15.82 and finally took some small pieces for an average price of 16.04. Right now I'm up more than 5% and I see that volume is a few...

Do you use any signals to tell you when to add more? I've been looking at stepping down to the 15 or 10 minute fractal and then using the same signals as on a daily timeframe to lighten up or add to my portfolio. Initially I thought it would be a very good idea, but now that I've been...

I'm using the LBDU from the chartscript, but I am using IB's volume data which tends to run a bit higher than QChart. It's automated though, so I'm happy with the trade-off. I could have gotten in earlier if I took the trade off the 25% Average DU value, but I passed. I'll consider taking...