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  1. 1

    Spydertrader's Jack Hershey Equities Journal II

    8833, I'm no expert in chart pattern but by looking at your summary, I feel your 09/05 7.1% lose on NUE could be lower if you used a tighter stop, say 5%. I understand how your put the stop really depends on your position sizing strategy. However, I personally feel allowing a single trade...
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    Spydertrader's Jack Hershey Equities Journal II

    Thank you gooch87, and cipherscribe too.
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    Spydertrader's Jack Hershey Equities Journal II

    Thanks for the explaination. So this is not a usual PVAD play that we wait for the dry up to happen before we jump in. Now I understand. Thank you.:)
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    Spydertrader's Jack Hershey Equities Journal II

    Hi gooch87, I too is looking at GIGM because of its drying up, its MACD is about to cross over to +ve. Stoch(14,1,3) is moving up and hopfully it will cross the 80 line with volume picking up tomorrow. However, I don't understand Xing. The only thing I see is that it is touching the low...
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    Spydertrader's Jack Hershey Equities Journal II

    Understand. Thanks a lot.
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    Spydertrader's Jack Hershey Equities Journal II

    Thank you Aweissen and Switch for your reply. I understand Sydertrader takes a stock out of the FU only upon its lose of ranking. I was trying to figure out why fundamental shift is less important at this phase of the process (namely FU cleanup). As I mentioned, I'm still a student of the...
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    Spydertrader's Jack Hershey Equities Journal II

    Hi SyderTrader, I'm a newbie to the Hershey's method and your thread. I spent quite a bit of time to study the method and read your 2 threads. Great stuffs. I recently studied your final universe posted on page 606 of this thread. << ALJ ANDE BTUI CBEY CMED COGO CTRN DTLK DXPE EZPW...
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