Search results

We generated no trading signals today - either long or short. Actual volume for our Watch List stocks failed to exceed calculated Dry Up Volume. Early on, it appeared as if both SINA & ENWV would have enough Pro-Rata Volume to generate a signal. However, this was not the case as pace of volume...

From various web sites, USENET Archives, and discussions here on elitetrader.com, I have seen several methods for calculating dry up volume. In my search for the best formula for automating the dry up calculation, I listed several of these methods in the following post from another thread...

Sevens - Ones - Zeros LB - DRIV - DECK NGPS - SHFL - PETD CIB - PHS - NTAP LCAV - MRVL - ARTI NAVR - CRDN - VCLK TIBX - LSCP - HTLD JUPM - TNP - CREE VCLK - SINA - MTEX ARTI - EAGL - AMHC NTAP - SFCC - FFIV Hotlist NGPS FFIV JUPM NAVR SINA PETD Watch List ESMC -...

As you correctly observe, Jack teaches to look for stocks that appreciate by 20% within a period of six months that cycle 5 times minimum over 6 - 8 days. Since Jack operates from a standpoint of excellence, he sets the bar extremely high. I have yet to achieve consistent 20% gains as described...

Sorry to hear you "got burned" today. Losses do occur and form one of the many "costs of doing business" experienced by the career trader. If You follow a system (or set of rules) that has a positive expectancy, you should come out ahead in the long run. To prevent the likelihood of "account...

At close, CALM remained just under our purchase price (by .07) closing at $13.40. SWIR closed at $19.21 (just above our purchase price) up .21 from our entry. PETD did NOT reach FRV status by the end of the day. Today's PETD Chart Attached. - Spydertrader

Laughed my ass off at that. Coffee all on the monitor now! - Spydertrader P.S. Although I have never traded futures, I appreciate the effort by both individuals making their "calls" today.

I wasn't paying attention, and as a result, I missed getting back in on PETD. Both the MACD and The Stochastic Indicator looked great too. For those that jumped back on the ride, congrats to you. Stupid mistake on my part. Ah well, on to the next trade. - Spydertrader

Still holding: CALM - down .20 from our entry point SWIR - down .25 from our entry point PETD - price appears to be trying to creep back up. Continue monitoring to determine if getting back in would be a wise decision. HRT - (From a PM) "Would it have made sense to short this stock...

While actual volume on PETD continued to increase - resulting in exceeding the 75% pro-rata dry up volume level by 11:00 AM - price began to drop off from the daily high. When the Stochastic Indicator for PETD fell below 50 (indicating lack of a strong trend), I felt it was time to exit...

Volume on PETD appears to be exhibiting a decreasing pace at the moment. While PETD actual volume easily exceeded the 50% pro-rata dry up volume level at 10:30 AM, it appears to be having some difficulty reaching the 75% pro-rata volume level by 11:00 AM. While price has increased dramatically...

Both HRT and PETD signaled this morning on a 25% Pro-Rata basis. At time of signal (9:38 AM), price on PETD traded at 35.49. While HRT continues to have float issues, price at time of signal (9:52 AM) traded at $25.47. Volume on HRT continued to increase. Actual Volume on HRT exceeded calculated...

Attached, Chart mentioned in above post.

Sevens - Ones - Zeros VIVO - PHS - AMHC CIB - PETD - ARTI MKTW - CRDN - PTRY MRVL - DRIV - TKC DPTR - CTSH - DPTR SFCC - CREE - NAVR ---- - EAGL - LSCP ---- - DECK - MTEX ---- - ALDN - CMTL ---- - UNA - FFIV Hotlist ALDN FFIV NAVR PETD MKTW Watch List VSEC - DU Cycle...

As srvz pointed out, the difficulty in 'back testing' The Hershey Equities Method stems from the ever changing nature of the Hershey Universe of stocks. Creating the initial universe out of stocks that currently rank in the top 80 to 90 percent (EPS & RS)of all stocks implies that ranking can...

When I posted my comments regarding NTES, I felt the chart indicated a 'gap being filled.' As a result, I felt it best to wait for a better entry. Interestingly, after the gap filled, price rebounded, as one would have anticipated. Also of interest, (at the time of this post) the low of the day...

Attached file showing 2 of the many "order entry errors" about which I posted above. - Spydertrader

By 10:30, only NTES & ENWV maintained their volume pace to exceed the 50% level of Pro-rata Dry Up Volume. At 11:00 AM, only ENWV had surpassed the 75% Pro-Rata DU Volume level. We had price improvement at each stage, and both MACD (+.0197) & The Stochastic Indicator (79.8288) held within our...

NAVR, ENWV, NTES & LIFC all have exceeded the 25% pro-rata DU Volume by 10:00 AM. Only NTES shows price improvement over the previous day, and its price appears to be falling at present. As a result, we take no action, and continue to monitor our Watch List. - Spydertrader

Within the links to the background material I posted at the beginning of this thread, several individuals have posted their results using various forms of The Jack Hershey Equities Method. Specifically: DKM discusses his results within the thread on the Elitetrader.com web site started by...