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    Spydertrader's Jack Hershey Equities Trading Journal III

    For those who haven't learned this painful compound lesson: don't break the rules but if you ARE going to break the rules, make doubly sure you have a stop. I bought JSDA in haste this morning on huge volume. The MACD was positive but the stoch was no more than about 40, so the criteria weren't...
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    What is the best country to leave the US for?

    Clearly you are deliberately pretending not to understand the legal difference between a corporate entity and a flesh and blood person. Mea culpa: it was foolish to expect anything other than a puerile response given your first post. Suss
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    What is the best country to leave the US for?

    He started his post with "people who". Is Haliburton a person? Suss
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    What is the best country to leave the US for?

    The problem here is not that you have spotted something about the US that nobody else knows. The problem is that the criteria for choosing an alternative home that you outlined at the start of this thread are wildly unrealistic, which suggests that your expectations are unrealistic. This in turn...
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    Spydertrader's Jack Hershey Equities Trading Journal III

    Considered it when the price retraced to "only" +10-11% early today but decided against it due to limited liquidity. Nice when things are going up, can be nasty if it comes crashing down. Has done well today but almost at peak volume already. Bought CMED instead. Up 4% or so. Waiting...
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    Spydertrader's Jack Hershey Equities Trading Journal III

    That's exactly what I'm doing. VSR and BTJ were both on the DU list. TASR was not - I was messing around. The rules I'm supposed to be using are the simple ones outlined in Journal I. Suss
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    Spydertrader's Jack Hershey Equities Trading Journal III

    I remember reading something about AMEX stocks - why do you avoid them/reduce risk? I got stopped out of BTJ, which was annoying. Still in VSR for a small gain. Suss
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    Spydertrader's Jack Hershey Equities Trading Journal III

    I'm kicking myself savagely for letting myself get involved in TASR despite it not being on my dry-up list. Clear, unambiguous departure from the rules! I hope the lesson sticks this time... Suss
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    Spydertrader's Jack Hershey Equities Trading Journal III

    Can I ask the panel about this kind of entry. If I remember correctly when CRNT hit the lower band of DU this morning all the signs were negative but volume was tremendous. I sat and waited. Then the signs went positive, at which time I think volume was around 130% of LB. My reasoning was that...
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    Spydertrader's Jack Hershey Equities Trading Journal III

    Sold half at 17.93, following numerous past examples of Spyder locking in profits in some positions. The stock looks good but the market is nasty and the position was up 7.5% so decided better safe than sorry. Suss
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    Spydertrader's Jack Hershey Equities Trading Journal III

    In CRNT at 16.68. Nasty open but waited until it started on the way back up and the signals were hit. Earnings providing momentum? Happy to wait for now, stop in slightly above entry... Suss
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    Spydertrader's Jack Hershey Equities Trading Journal III

    It did indeed work, many thanks. I have printed it out and will read it through. Suss
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    Spydertrader's Jack Hershey Equities Trading Journal III

    Would it be possible to upload it somewhere? I would very much like a copy if it's not inconvenient. Suss
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    Spydertrader's Jack Hershey Equities Trading Journal III

    Agreed, but isn't changing mindsets the most "difficult" task that we can attempt? Suss
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    Spydertrader's Jack Hershey Equities Trading Journal III

    Watching CRNT, doesn't want to get up there. OMTR promising, BKI potential short... Suss
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    Spydertrader's Jack Hershey Equities Trading Journal III

    I appreciate the reassurance. I can see that internalising this lesson is going to be difficult but, as you say, all things come to those who wait. Suss
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    Spydertrader's Jack Hershey Equities Trading Journal III

    Hah, glad to hear I wasn't alone! I have found the most difficult bit is stopping myself from actively looking for trades rather than waiting for the right setup. Intellectually I knew this would be a problem, but I wasn't emotionally prepared for the difficulty of sitting on one's hands... Suss
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    PEAK OIL is PAST

    Sparohok, this is very sensible, but perhaps too sensible. Is the Saudi state in totum necessarily a rational actor? There are probably numerous cliques and factions within Saudia Arabia, all with differing views on what is going to happen to oil production. Some are no doubt well informed...
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    Spydertrader's Jack Hershey Equities Trading Journal III

    I'm also considering a shift to >=80 and 11:00. Don't like these "skin of the teeth" entries. Suss
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    PEAK OIL is PAST

    Some very good points. Peak Oil proponents are their own worst enemy in debate. I happen to believe that PO has already happened and that it will push energy prices into a steady upward trend over the next decade, but there are so many uncertainties regarding the slope of that trend and the...
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