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  1. O

    Spydertrader's Jack Hershey Equities Journal II

    I could use some help with exists also. I have a hard time watching nice little gains of 4-6% get taken away in the next down day. Should most of your sell decisions be based on daily chart activity when your goal is bigger gains within a larger channel - our 10% goal? For example, I got...
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    Spydertrader's Jack Hershey Equities Journal II

    I have been thinking that it only seems necessary to check for new stocks to add to the final universe once a week since new stocks that rank don't pop up with great regularity. This would save some daily time. Is there any good reasons why this would be a bad idea?
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    Spydertrader's Jack Hershey Equities Journal II

    Sometimes I think you have to take the dryup scan with a grain of salt. For example, it suggests NEU is in drup on 9/08. But to my eye the volume just does not look in dryup. Does anyone else sometimes ignore the chartscript when their eye tells them a different story? Thanks for your...
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    Spydertrader's Jack Hershey Equities Journal II

    My mistake. The purchase price on GIGM was 9.98. Sorry for the typo.
  5. O

    Spydertrader's Jack Hershey Equities Journal II

    I caught GIGM at 10.98. Sold it at 10% gain at 11.00. It is well beyond peak volume levels. In retrospect I might have put a close following stop loss on it to get a little more out of it. But my goal is to achieve four 10% moves a month (my capitol is split into four streams), so I am pretty...
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    Spydertrader's Jack Hershey Equities Journal II

    I am interested in plotting the First and second dirivitives on my charts in Quote Tracker as described here in Journal Two by dougcs: http://www.elitetrader.com/vb/showthread.php?s=&postid=970386&highlight=derivitive#post970386 If anyone has setup these derivitives in Quote Tracker I...
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    Spydertrader's Jack Hershey Equities Journal II

    I think that the failing with MIKR is the volume. Here are the volumes for dryup for MIKR. Upper Band = 90,949 Average DU = 60,689 Lower Band = 30,429 FRV = 182,067 Peak = 364,134 Yesterday it was not close to FRV, nor does it look like it will achieve it today (as I write this...
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    Spydertrader's Jack Hershey Equities Journal II

    Here is the chart with my channels.
  9. O

    Spydertrader's Jack Hershey Equities Journal II

    I have been watching TXCO as a possible short based on the turning down of the MACD and both Stochastics on the daily chart. But it also appears to be consolidating in a flat pattern, like a flag after that last big run up. So it is kind of a mixed chart for me. What do you think? I...
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    Spydertrader's Jack Hershey Equities Journal II

    I am pretty new to this, but my chart is a little different for grow. I am paper trading, but I purchased Grow on Friday at $20 just as it achieved the Bruno R requirements. I sold it today when I achieved 10%. My question is if there was any good reason to hold it longer - say the 4-8...
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    Spydertrader's Jack Hershey Equities Journal II

    Concering the 0 EPS rating on STocktables.com for UARM, I believe it could be an error because when I check the EPS for UARM on IBD it shows a rating of 96. I have found this to be true several times with different stocks and I always double check it against IBD when it appears incorrect...
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    Spydertrader's Jack Hershey Equities Journal II

    And thank you for the welcome. I have been studying the journal for a couple of months but have not had any questions that I could not find answers to. I am currently paper trading the system. I am also in Tucson but unfortunately I only started going to the meetings with Jack many months...
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    Spydertrader's Jack Hershey Equities Journal II

    FTEK Earnings Today
  14. O

    Spydertrader's Jack Hershey Equities Journal II

    DXPE has an earnings report tomorrow.
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