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    Spydertrader's Jack Hershey Equities Journal II

    If you want to see the power of channels and in particular coming in to the right side, check out CTRN. This mornings gap was a bit more than I was comfortable taking, but I think there is a lesson here.
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    Spydertrader's Jack Hershey Equities Journal II

    Yahoo shows ANDE announcing earnings today.
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    Spydertrader's Jack Hershey Equities Journal II

    Speaking of books, can someone tell me the name of the book Jack was using in the July 27 video ( the one with no audio). TIA
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    Spydertrader's Jack Hershey Equities Journal II

    I've been reviewing all the videos and Jack mentioned doing Camtasia's of Drills. Is that a work still in progress? Or are they already uploaded somewhere I'm not aware of? Thanks in advance. Bob
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    Simple Profitable Method

    Bear, believe me, I understand. For what it's worth, when I upped to two, my pyschology changed like you wouldn't believe. The fear didn't go up by 2, it went away. You might not have the same experience, but you might. I have been fortunate to interact with a true profitable pro, and his...
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    Simple Profitable Method

    What just happened to you is why I always put my full position size on at one time and scale out 1/2 or 1/3's. At my profit target (based on some basic statistics I compile about typical swings in a given market) I pull off some of position and I reset my stop on remainder. The key to making...
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    Simple Profitable Method

    Kiwi, I don't have a clue as to why you posted this or what it's even about. What you have done makes you appear as the insane one, as opposed to the other way around. T28 has not mentioned you once in this thread so it's rather bizarre. By the way, if the quote above actually came from T28 I...
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    Spydertrader's Jack Hershey Equities Journal II

    8833, It would be useful to see a list of your actual trades, entries and exits. Just looking at a summary doesn't allow one to learn much.
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    Spydertrader's Jack Hershey Equities Journal II

    As most of you probably are aware, Jack has been doing live meetings with an IBD group in Tucson. I happen to be in Milwaukee and was wondering if anyone else in my area (southeast WI or northeast IL) might like to form a work group to study/review/plan etc. Face to face efforts seem to really...
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    Spydertrader's Jack Hershey Equities Journal II

    On the Tucson videos (as well as Spyder mentioning it somewhere I think) reference is made to DOM patterns. I've looked and looked and can't find anything on this. If anyone has an idea on where to begin studying I'd be ever so thankful. Bob
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    Why I believe oil will go to $35 per barrel...

    It's unlikely that oil will significantly get over $80 for an extended period of time due to alternatives. Oil can be extracted from coal for less than the equivalent of $80 per barrel, and of course there are other alternatives.
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    Spydertrader's Jack Hershey Equities Journal II

    The most important pivot is the mid-pivot or P. It's formula is (H + L + C)/3 This level is very relevant to actual supply and demand levels in the market for reasons I can't explain. The big surprise is that simple formula, more times than not, is very very close to the point of control, or...
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    Why learning to trade from Jack is so difficult

    It's not about being dense, it's about not being familiar with the material. The answer has to do with defining channels in a mechanical way. Jack teaches "finding points 1, 2 and 3" and from this two points define a trend line and the third point defines the opposiste side of the channel...
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    Why learning to trade from Jack is so difficult

    Irony, perhaps paradox is even a better word. Whether or not Jacks style keeps the masses happy or not is not something I care about. Nor is my job to defend Jack. I posted what I did for those interested in understanding what's really going on. I've been incredibly fortunate to have some...
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    Why learning to trade from Jack is so difficult

    I suggest another possiblity to the answer of this question. I don't suppose to be an expert at what I'm going to mention, but I can tell you I do have a great deal of knowledge and experience in the area in question. Lingquistics. What virtually no one realizes is that they don't know how...
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    Grob, his methods and his followers

    I don't really trade Hersheys way. You might want to take your foot out of your mouth now. You also may want to look at Spydertraders journal where there are documented trades.
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    Grob, his methods and his followers

    There is no surprises with GROW. It's an equity that either was or is in a universe of stocks created by followng Hershey/Grob/et al. Go look at Spydertrader's journals. GROW's characteristics include (at some point in time) very high EPS, specific float, very high RS and most importantly a...
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    Spydertrader's Jack Hershey Equities Journal II

    Float according to Yahoo finance is 158 million.
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    Spydertrader's Jack Hershey Equities Journal II

    I've been screwing around with several methods for a couple of years. I truly wish I had focused more on Spyders/Jacks stuff a long time back. Thank you both. I'm still just paper trading this method while I build confidence (I trade something different with real $$$ and do ok but nothing...
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    Spydertrader's Jack Hershey Equities Journal II

    Anyone else having trouble with the WL site? I've been trying to run chartscrips and scans since last night and now this morning it's still updating only until 9/8/06. Is this just something that happens once in a while or am I perhaps doing something wrong? Thanks
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