Spydertrader's Jack Hershey Equities Journal II

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Quote from mischief:

Spyder, Check BRNC. It lost it's rank some time ago, only two moves in the past 6 months.

Yes, you are correct. Not sure why this one slipped through. Very strange, but an actual look at the chart shows only 2 runs of 20% in the last six months. Thanks for alerting me to this.

- Spydertrader
 
This morning, I liked the way COGO seemed to be setting up to make a run, so I entered long while watching price try to head higher at the $10.51 price point. Before I could enter this post, COGO headed south triggering Ross' Rule. I exited for a $22.00 USD loss.

- Spydertrader

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1035862>
 

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Hey spydertrader, how do you scan for Bruno R setups? There aren't any convenient WealthLab scans that I know of to do this but I'd think it wouldn't be that hard to scan for.
 
Quote from stevegee58:

Hey spydertrader, how do you scan for Bruno R setups? There aren't any convenient WealthLab scans that I know of to do this but I'd think it wouldn't be that hard to scan for.

I have posted a very simple 'Bruno R' ChartScript here. I recommend additional testing before using the signals generated as a reliable indicator.

- Spydertrader
 
Spydertrader,

Now I'm confused. COGO was in your Final Universe, but it was not in DryUp volume from yesterday. Were you perhaps using a different methodology to purchase it?
 
Quote from ohio:

Now I'm confused. COGO was in your Final Universe, but it was not in DryUp volume from yesterday. Were you perhaps using a different methodology to purchase it?

On a day when most every Hershey Stock failed to show price improvement, I simply liked the Daily COGO chart (attached), and thought it had a chance to head higher. When the market indicated I had chosen incorrectly, I exited immediately.

- Spydertrader

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1036020>
 

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I purchased 200 shares of NGAS this afternoon at the $8.24 USD price point.

- Spydertrader

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1036173>
 

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Quote from Spydertrader:

I purchased 200 shares of NGAS this afternoon at the $8.24 USD price point.

Well, so much for that experiment. Ross' Rule kicked in again, so I sold for a $12.00 USD loss.

- Spydertrader
 
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