Jack's documents are interesting and full of information. But man, they remind me of trying to read the New Testament from the original Greek scrolls.
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Spydertrader's Jack Hershey Equities Journal II
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Jack's documents are interesting and full of information. But man, they remind me of trying to read the New Testament from the original Greek scrolls.
Quote from Gandolph:
Sorry! I see that it posts the Dry Up Volume data for Dry Up stocks. For some reason I thought your last script posted that data for all the stocks.
In the latest chartscript, Hershey Equities Rank v. 3.0.2, I simply altered the visual representation of the MACD Histogram. This alteration came as a recommendation from the Wealth-Lab.com Staff via Richard (a member of the Tucson IBD Group). I appreciate their recommendations.
However, the Chartscript still outputs all Dry Up Volume Levels - even if the equity in question does not find itself "In Dry Up." Scroll down below the chart to locate all calculated values.
I hope the above information provides some clarity.
- Spydertrader
Quote from virgintrader:
P.S. FORD appears to be a good candidate (score 7, 3x ave volume, MSCD x'ssed "0")...your thoughts?
Hey S...
Thanks for the comments regarding FORD; that could've been painful. I'm still working my way thru the docs btw your first journal and this...and man, your indirect hint to me of really understanding it first instead of wanting to "do it" right away is helping me out! To teach a dude how to fish is definitely better than handing him the dang mudshark! so much more questions...so much to learn. ah...the journey of self discovery!
one thing consistent in the thread is your humbleness in helping out! amazing!
cheers!
go suns go!
Quote from jonnyy40:
Why would the wealth lab staff be making recommendations?(just curious)
They may have noticed the high level of popularity the Hershey Equities Chartscripts enjoy. Currently, only Wealth-lab's default chartscript (Neomaster) has more users. In addition, the staff may have simply provided their input in response to an inquiry in their Discussion section. However the recommendations developed, the math behind the MACD levels remains the same as in older Chartscript VErsions. Only the visual representation of the calculations has changed.
- Spydertrader
I sold all shares of MIND this morning for a small profit (basically a wash [$12.00 USD]) when MIND showed weakness at the open. In addition, I sold my shares of TWGP after price had appreciated to the 10% gain levels. These two trades provided me just over $1000 USD profit in under 24 hours.
- Spydertrader
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- Spydertrader
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1058569>
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