Spydertrader's Jack Hershey Equities Journal II

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Quote from Spydertrader:

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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Not much working to the long side today as it is a real down day.

The good news, for me, is that by following the guidelines for entry/exit, I'm down $90 for the day, not bad when the AD is running about 3 declining issues for every one advancing.

Doug
 
Ya know, on the bright side it seems like this framework doesn't generally produce big losing positions. Must be due to the quality of the stocks to begin with.
 
Quote from dougcs:

I'm down $90 for the day
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I lost $34.00 USD on the day myself. It thrills me to lose so little on a very ugly day (overall). Only seven Hershey Stocks finished in the green today.

- Spydertrader
 
Quote from Spydertrader:

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

- Spydertrader
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I trust you were kidding :) It looks like it was a bear to code...

I sat on the sidelines today, I need to read up on the Hershey short strategies for days like today, hehe...

Funny how NDAQ went through the roof and ended up closing down for the day. Anyone get in on the good half of that?

Hopefully things will turn up a bit before the end of the week
 
I like these two 'Bruno R' stocks for Wednesday.

ENG NGAS

Thoughts?

- Spydertrader

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1036743>

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1036745>
 

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I found ENG when scanning the Final Universe through your "beta" Bruno chart script. I would like to see the MACD and Stoch turning up a bit.... but that may happen today :) Either way, I will be watching this one closely today.
 
I purchased 200 shares of NDAQ this morning. We will try this horse again.

- Spydertrader

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1036977>
 

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