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As I understand the Pattern Day Trader rules they only apply to accounts that have less then $25,000 in them. If you have over that amount the rules do not apply. I was also under the impression that the PDT rules still apply if you have a margin account with less then $25,000 of your own...

I have been gone a couple of days and just reviewed Spydertrader's final universe. I noticed a couple of stocks on the list that are on the American exchange. (ALY & SIM) Spydertrader, have you changed your mind about trading on the American Exchange? Thanks

Yep, I am way ahead. I have a subscription to Next Month's Paper this Month. It was suppose to read October and November.

A note of encouragement for all new folks: I paper traded this "system/understanding" of Jack's and Spydertrader for about three months with around 10% gains per month on the total capital. Then I started trading it with my real money. My results so far: January: 7.5% gain on total...

Thank you. I saw that post, but it refered to: "Hershey Equities Dry Up Volume Scan v. 2.0.0 (Three Month) Hershey Equities Chartscript Version 4.1" I am interested in a Rank Scan. The Chartscript Version 4.1 does not scan an entire list. And the other chartscript metioned was a dryup...

Question. I was running a month end ranking scan on my final universe, and I am going to lose a number of my babies (stocks that no longer rank). Is the original Hershey Equites Rank Scan V.1.0.0 still the correct scan to use for scanning the entire universe? Or is there an updated Rank...

Here is a possible take on DTLK. If you draw point three at yesterday's high, you get a pretty good match for the left hand side matching past points. (On my chart the new possible channel is in blue). I have sometimes found that if your point two side of the channel lines up rather nicely...

The same thing happened with my on LQDT. My alert did not go off and I was completely surprised to see it at the top of my list at one point. It bothered me enough that I am going to buy a screen or two more (I already use two) so that I can have open charts for all the stocks I have on my...

Spydertrader - Would it be useful for you to also plot the 50 moving average line? Many people use it (All those IBD people). And it appears that RNOW got support at the 50 for the last four days (including today). See my attached chart. 20 day is Blue. 50 day is Green. 200 day is...

Question for Spydertrader - I am always a little baffled by stocks that rise in price off the bottom of a channel with low volume and even lessening volume. It always keeps me out of a trade. RNOW appears to be climbing nicely that last few days but within dryup type volume and no real...

Bought OMNI this morning on a Bruno R - and just got out by the skin of my teeth with a 2% loss. Both Zacks and Clearstation had earnings scheduled for the 9th. So I thought I had at least three days of trading before then. But earnings came out today, and it dropped like a stone. Thank...

OK. Thanks! That makes sense.

I was wondering about the dryup volume scan in Wealthlab. When I run the scan on my current Universe it does not currently show CMED as in dryup . And yet when I go throught the stocks one by one using the Equities Chartscript Version 4.1, CMED shows up Green and is clearly in dryup. I have...

I may be able to help a little with this first question. I think when Jack uses the word "disagreement" he is using it in a slightly different way then you are thinking. With low volume dryup there is a lot of disagreement because very few people are "shaking hands" and making trades. There...

Added ZUMZ and SIRF to the universe.

Spydertrader - that was a very helpful broad perspective. Now that it is the end of the month and we are checking our final universe of stocks to see what still has rank, it would be great to see what other people have in their final universe going into November. I know that I plan to...

Careful on COGO this morning. Over 30,000 shares in block trade (of the current 64,857 shares as of this posting).

Thanks. That is very funny. The reason I wanted to know about the taping is because I thought - "that looks just like what is happening with GROW today". And in fact it was GROW. :)

Two questions Spydertrader: In that ININ chart you just posted you noted the last bar was "taping". Can you explain the significance of that? Also, tomorrow is a "Greenspan" day. Is it recommended to exit all position before the close today? I ask because I am in GROW @ 29.45 and IAAC...

Thanks for your insights. I would like to thank rcar1046 for some additions he just made to the Hershey Equity Trading Utility. It now tells you (within the culling function) what exchange the stock trades on (so you can avoid the American exchange), and it also tells what percentage of...