Spydertrader's Jack Hershey Equities Journal II

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Quote from Spydertrader:



Don Cameron did post a breakdown of overall volume by time based on market analysis in the older MSN web site. I do not recall the exact details as to where he obtained the information, but I saved the breakdown by time and percentage of the daily volume traded at that time.

10:30 a.m. 0.25
11:15 a.m. 0.33
12:15 p.m. 0.5
1:15 p.m. 0.6
2:15 p.m 0.7
3:15 p.m. 0.9

I hope you find the above explanation helpful.

- Spydertrader

This was the information I was looking for! Thank you that was very helpful!
 
Quote from qx04790:

RES has only 34 points of 6-Month Relative Strength from MSN Deluxe Screener.

Thank you for posting the differences of EPS associated with the MSN web site. The Stocktables.com web site uses EPS Rank to compare an equity to all other equities in the marketplace. One can locate a complete explanation for how the stocktables.com formulations compare to other web sites calculations of EPS / EPS Rank on the stocktables.com web site, by clicking on the EPS column header. If for any reason, you disagree with the addition of any equity to a Universe of Stocks for trading, feel free to simply leave the equity in concern out of your own Universe.

Good Trading to you.

- Spydertrader
 
Quote from Spydertrader:

The Stocktables.com web site uses EPS Rank to compare an equity to all other equities in the marketplace.

Hi Spydertrader!

It is about RS Rank, not about ESP Rank. Thank you.

- qx04790
 
Quote from qx04790:

It is about RS Rank, not about ESP Rank. Thank you.

Substitute RS for EPS in my previous post. The MSN screener does not use rank last time I used their services. Whereas, the stocktables.com web site does use EPS and RS rank.

- Spydertrader
 
Hi all,

This is my first post and I would like to size the opportunity to thank spydertrader (the man and the trading teacher) and other contributors to this wonderful journal. I have question regardig the excel spreedsheets posted by (Price+Volume) in page 381 . I'm wondering if there are for sharing or not, if yes I would like to have a copy may be posted here for the benefits of all.

Thanks in advance for any help.


Abel
 
Spyder. Thanks. Iam not new to market but new to this thread and new to Hersheys methods. Been following you guys and have read much that you and Hershey have written. I understand the basics, but some details in question.

Can you steer me to a post where specifics of scoring in Hershey's original 0-7 scale are posted? I understand the scale and the basics, but specifically with A/D, as used by Hershey, i have questions. First, Is that the daily advance/decline line of the market he's talking about? If so, How far from the zero line does one go before scoring a 1 bit or a zero bit from previous score, or perhaps is that left as an open question? What tolerances do you place on volume. Equal volume to two significant figures perhaps?

And most importantly, I am playing mostly to the short side at present. It would seem that one should be looking for a score of 4 for good shorting opportunity and cover at 0 or 7. Is that right? Or is there nothing yet on shorting here to read?

It's rather obvious that starting with dry-up few if any stocks hit every score in the J.H. 0-7 sequence without score repeats and retracing before going on.

Thanks again for your posts. Very interesting! Please keep up the posts, I am learning much from you guys.
 
Quote from Abel:

I'm wondering if there are for sharing or not, if yes I would like to have a copy may be posted here for the benefits of all.

You might try sending Price+Volume a Private Message (PM) through the web site.

- Spydertrader
 
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