Hershey's Equity thread

[gotta_trade]

Quote from dkm:



Jack's equity sytem only trades from the long side.

David

I don't believe that's true.


Below are two references, in this thread, that Jack made regarding shorting.

Quote from bubba7:



2. Get this list from the top using only gainers in price. It is two lists over lapped. Skip the others for now with this caliber group.

Quote from bubba7:



I want you to have gainers and losers at the top.

after you have that you can make a list of gainers only. These are 7's in scoring (which I am not doing until Monday PM.). The others at the top are 3's, they are Break out downs which begin the short trading.

gotta_trade

 

[izeickl]

Here is my assesment sheet for ASKJ.

Note: I use close prices, and ref date is date of peak close. Unsure is this is right. Days is days back rally started.

 

[izeickl]

Here are all the assesments in my list 1.

ASKJ, DRIV, LAVA, NFLX

Note: I took only the long side.......if short is also required will do that after.

 

[dkm]

Quote from gotta_trade:



I don't believe that's true.


Below are two references, in this thread, that Jack made regarding shorting.

gotta_trade

A misunderstanding on your part I'm afraid. I traded Jack's equity system last year for several months, with his guidance. It IS long only. I suggest that you do a little background reading at the msn site.

 

[gms]

Quote from izeickl:

Here are all the assesments in my list 1.

ASKJ, DRIV, LAVA, NFLX

Note: I took only the long side.......if short is also required will do that after.

So how did you extract those prices from clearstation's graphs so as to determine peaks/troughs? I can capture peaks/trough prices from stockcharts.com, for example:

http://stockcharts.com/def/servlet/SC.web?c=ASKJ,uu[m,a]daclyyay[pf][vc60][iut!La5,13,6]&pref=G

 

[gotta_trade]

Quote from dkm:



A misunderstanding on your part I'm afraid. I traded Jack's equity system last year for several months, with his guidance. It IS long only. I suggest that you do a little background reading at the msn site.

I started getting familiar with Jack's strategy yesterday.

I'm no authority on it.

I saw your posts and I posted my interpretation of Jacks statements.

No harm done. I can't learn everything in 1 day.


gotta_trade

 

[tomwade]

So dkm, are you a Jack fan? How were your results?

Since you're here, I would assume the 'relationship' with Jack's methopdology was productive for you. Are you still using it?

What is your bottom line assessment?

 

[izeickl]

List 2 AKA 7s, for stocks

ATRS, LEXR, OVTI, SGMA.

 

[izeickl]

Quote from gms:

So how did you extract those prices from clearstation's graphs so as to determine peaks/troughs? I can capture peaks/trough prices from stockcharts.com, for example:

http://stockcharts.com/def/servlet/SC.web?c=ASKJ,uu[m,a]daclyyay[pf][vc60][iut!La5,13,6]&pref=G

If you check my posted charts I used Amibroker to search for 6/8 day cycles of 20% gains, then just read off the numbers, I found skimming the Clearstation charts not as quick for me as perhaps Jack can do it.

 

[dkm]

Quote from gotta_trade:



I started getting familiar with Jack's strategy yesterday.

I'm no authority on it.

I saw your posts and I posted my interpretation of Jacks statements.

No harm done. I can't learn everything in 1 day.


gotta_trade

np. There's a lot to digest. It took me a while to get up to speed too

David