Spydertrader's Jack Hershey Equities Journal II

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Had to abandon the software.
Changing the proxy did nothing.
Had to import csv file afte running stocktables scan. When I tried to folow rest of the instrauctions couldnt create final universe nor dryuplist. Could get the data to fill in.
Oh well.
 
Quote from mktman:

Had to abandon the software.
Changing the proxy did nothing.
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Sorry to hear that.
(1)Please do the same proxy setting as for your browser.
(2)After each time the program started, go to the Window->Preferences->Install/Update and click the button "Apply". This bug will be fixed in the next release. Actually I have already fixed it in my working workspace.
(3)If this can't help you, I can help you live with MSN messenger or call you from Germany.

-qx04790
 
Quote from qx04790:

Yes, it is possible to feed with real time data. But the problem is that the real time data are not free. There are many real time data providers and for each I must implement a adapter for data feeding. We must figure out which one is the most used provider and that could be my first data feed interface implementation.

qx04790
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Well, I just started to use Interactive Brokers as my provider and I think it is very wide spread. So I will probably use this one as my source of real time data for the moment.
Spydertrader is using MB-Trading as far as I know and I don't know what source the other users have.
What is your source for real time data, actually?

What I really like about the tool is, that it calculates pro rata volume in realtime, so it is actually better/more precise, than setting fixed lower band or avg. dry up volume alerts in quotetracker or similar software.
That's one of the main reasons why I would love to have real time data combined with this tool.

Again, thanks a lot for sharing your efforts!

Kind regards

RXT

P.S: Schöne Grüsse aus Österreich :)
 
I'm going to go ahead and add 2 new sybmols to my final universe:

Symbol: ALY
Earnings: 0.976
Yahoo float: 13090000
MSN float: 13419800
Avg volume: 212134
Last quote: 16.60

Symbol: ISE
Earnings: 1.135
Yahoo float: 34179000
MSN float: 34328600
Avg volume: 640062
Last quote: 43.28

I found these by scanning the IBD100 for rank. They appear to meet all of the criteria for FU entry.

Two problems I see with ALY is that the volume is borderline low and that it's traded on AMEX. Any thoughts, Spydertrader?
 
Quote from stevegee58:

Two problems I see with ALY is that the volume is borderline low and that it's traded on AMEX. Any thoughts, Spydertrader?
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As you already pointed out, ALY trades on AMEX. I won't trade with that particular group of thieves. Of course, your mileage may vary. ALY does show 21% Insider Owned shares - a good thing. Although ISE trades on the NYSE, it only shows 7% Insider Owned shares (according to Quote.com). Of the two, ALY looks more stable (in terms of maintaining rank) with ISE giving indications it might lose its rank in the next week or so. In see no problem adding both stocks and taking them for a test drive. If you find neither suits your trading style, you can always delete them.

- Spydertrader
 
Quote from Spydertrader:

I plan to watch these stocks on Monday ....

GMXR, ININ & MIKR

- Spydertrader
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Hey spyder, could u tell us why u like these picks for today. GMXR looks pretty good as a Bruno R plus it is on the very right side of the channel (although it didnt quite dip below the 20 before crossing over to the upside, but im sure thats where experience comes in). ININ and MIKR I cant quite figure out (most likely due to my inexperience). They seem to be right on the left side of the channel, at least on mine anyways, i could be way off or maybe u are looking for a short. Also the stoch (5,3,2) is already above the 80 line. I'm not disagreeing with these picks, I just want to know the stuff u can see and I cant (or may be doing wrong). Thanks
 
Quote from TimDog:

Hey spyder, could u tell us why u like these picks for today.
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I liked GMXR due to the 'Bruno R' set up. While not a gaurentee, 'Bruno R' often provides an early warning of continued price improvement. Of course, one needs volume to keep the training running in the same direction. MIKR only had twenty three more cents to go before achieving another 20% run. As such, I felt, with a little volume, it could possibly break though that line and provide a little easy profit for the day. ININ has the beginnings of a 'rocket' with very high Stochastics (5,2,3) and the Stochastics (14,1,3) following along behind. With some volume, all three stocks had the potential to continue higher and / or break through the respective channels. Unfortunately, all three (as of the writing of this post) sit along the bottom of the volume sort. We will see how things shake out by EOD.

- Spydertrader
 
Quote from stevegee58:

How do you handle "targets of opportunity" like this?
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Had I noticed NEU moving up the chart (when sorted by unusual volume), I'd grab on as quickly as I could in an effort to ride the price train higher. Always make sure you know the earnings dates, and quickly check a chart to insure you don't have a huge gap (percentage) up with which to contend (see XING this morning). On occasion, you can 'see' these things as they develop on a five minute chart. You then watch for any sign of weakness (slowing of price and volume, or deteriorating indictors) to know when to exit the train. If you time things correctly, the rising tide lifts your boat - as we have seen with NEU during the writing of this post.

- Spydertrader
 
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