Questions to Jack Hershey

I have also been unable to locate a copy of this book Jack wrote.

From 6/08 ET post by Jack

I know what it is like to write a book that sells 400,000 copies in four months. What do you think it would be like if my prints were seen around the world? i showed, under security, one third party (a broker) a day's trades in one stock (100,000 shares with a 17 point net), what do you think he did?
 
You got the link right... that's Jack in his own words from one of his Camtasias promising his former IBD group to turn $10,000 into $1 Million in 100 days and document it on ET.

Does anyone have a link to the final results of that?
Quote from bmwhendrix:

I have been trying to find the posts that Jack says he was making that showed the progress in turning $10,000 to $100,000 with his Tuscon group.

I guess I do not know where to look!


http://www.mediafire.com/?1gi2qygm3yh
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Quote from maxpi:

If it was all cleared up, then what?
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Historically, when all of that came to pass publically, the cycle began again.

If you care to reason, what makes you think there would be a different result on this cycle? there will not be for those who are the airheads like the airheads were in the past.

Trader666 represents this bullshit based erroneous reasoning of these airheads.

Who gives a fuck what people so screwed up like Trader666 think? People who are like Trader666 is who.

Will moderators do anything about their erroneous reasoning? No it just will not ever happen. There is no way it can be expected that moderators delete unresonable posts.

These types of people help me make my points and they separate the posters into two groups. Detractors on ET are a tradition.

these types daily demonstrate that they have files full of their personal comments that they repeat over and over instead of doing any learning.
 
Quote from BenzMercedesSL:

I backtested the rocket on K200 and ES.
The rocket criteria are:
1. Long when macd(5,13,6) histogram >= 0.4 and stoc(14,1,3) K > 80 and stoc(14,1,3) D > 80
2. Short when macd(5,13,6) histogram <= -0.4 and stoc(14,1,3) K <20 and stoc(14,1,3) D < 20
3. Close long when stoc(14,1,3) K < 80
4. Close short when stoc(14,1,3) K > 20


I applied MACD and Stoc to both degapped and non-degapped data. I found there were very few rockets in K200, compared to ES.
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I waited a while to see if anyone else picked this up. Did you scale the MACD criteria with price? ES prices are around 5x larger than K200 which would make the 0.4 gating a bit of a stretch for K200.
 
Quote from Trader666:

baro-san, OK so he took someone else's prediction and tweaked it.

If he's such an oracle then why was his turning point of a lifetime prediction so far off?
http://www.elitetrader.com/vb/showthread.php?s=&postid=3046280&#post3046280
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I should know better than getting engaged by you, but here it is:

Life is short. Don't waste your time stupidly! Especially during these times when you're bombarded with information be reluctant to believe what you read or hear! Most of it doesn't pass even the lowest threshold of value. But, when you find a rare valuable source be smart enough to recognize it, and if you can, try to draw from it. When you get from such a source something you don't understand, don't firstly assume that the source is wrong, but that you're not able to get it, yet (hopefully). Think hard, and do your diligence to get it!

Hershey and his posts may or may not be such a source, but if nothing else, his prediction for 2008 (it's easy to recognize his style under the cd23 screen name) should urge you not to jump to conclusions when you disagree with him. Better start from the assumption that you don't get it, and work toward overcoming this.

09/01/09 may have been the moment when Hershey had the confirmation that that up move was the retrace of a larger down move and not a resumption of an up move. You may have thought that he was talking about a daily, weekly, or monthly prediction, when he was talking about a real Depression, much longer time frame, with much more dramatic consequences. As you could easily see when you extend the chart, in Hershey's parlance, price never reached the LTL of the move started in March 09. He explained you this several times, and you didn't get it: the reversed saucer. Not many were able to anticipate it at that date.

Don't waste your time stupidly going after Hershey, because you're wrong!

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3357819>
 

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