Spydertrader's Jack Hershey Equities Journal II

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Quote from Traveler:

What do you guys think?

I think you walk away happy you profited at least $15.00 USD per share. With earnings set for later in the afternoon, you had no way to know in advance price would continue to appreciate.

- Spydertrader
 
Quote from oddiduro:

These videos are exactly what is needed. I found that I was doing the stop offset incorrectly. I am looking forward to the next series.

I just finished watching the entire 'Meetup' Video Series, and I agree with oddiduro. I recommend everyone practice implementing Jack's 'Stop Offset' Method. Using this method of stop placement should reduce the number of 'stop out and reversals' so often seen when using a 2% or 5% trailing stop.

If anyone hasn't yet had an opportunity to download and view the various videos, I highly recommend doing so at your earliest possible convenience.

I look forward to additional videos in the future.

- Spydertrader
 
Quote from chapper:

MTEX was a good signal, I got in at 19.50... I did end up chasing it 10 cents :) It didn't hit FRV, so I will pay close attention tomorrow morning.

Sold all but 200 shares of CKCM, gonna hold into earnings just for giggles tomorrow.


Today was a very interesting day...

I am still holding MTEX, it traded over FRV today, the chart still looks good, so I will be holding this one... in light of Fed day, I will again be cautious.

CKCM was wild today... opened down in a big way, charged all the way to 22.72 and plummetted again. I did manage to giggle a little bit, haha :cool: Still holding....

I missed two nice signals in IVAC and LMS today.... both missed FRV just a bit..
 
Quote from chapper:


I missed two nice signals in IVAC and LMS today.... both missed FRV just a bit..

Glad you were able to giggle a bit through all that!!

I was able to catch on to LMS @$25.30, lookin' good so far.
 
ESCL was in my Ranked list. I have never traded it but WOW, down -61.78%.

It's a good reality check of what can happen on terrible news I suppose.

"On May 9, 2006 it was publicly reported that Spanish police had made arrests and raided the offices of Afinsa and the Company's offices in Spain. The operation forms part of a joint investigation launched by the National Court, tax authorities, financial crime prosecutors and the National Police over an alleged pyramid-type scheme based on overpriced stamps and other collectibles. The prosecutor's office said in a statement that Spanish authorities are conducting more than 20 searches at company offices and private residences."
 
Good evening, these stocks will be on my watch list for May 10.

Possible Bruno setups: CNMD, ISSX, GVHR.

KOSP is interesting large end of day buying, will be on my watch list. Good luck.

Dan
 
Quote from Spydertrader:

Wednesday Watch List

ARD ASPV GROW IVAC LMS NCTY PWEI RACK REDF TRLG

I plan to watch these stocks throughout the day tomorrow.

- Spydertrader


???? But will you trade them???? As it is Fed Day.

Doug
 
Quote from Spydertrader:

Wednesday Watch List

ARD ASPV GROW IVAC LMS NCTY PWEI RACK REDF TRLG

I plan to watch these stocks throughout the day tomorrow.

- Spydertrader

Spytrader,

I'm a little confused and I think you're just the person to make the clouds part for me.

I checked your watchlist above in Wealth-labs for Dry-up volume. Only one, TRLG, was in dry-up. Yet you are watching the other 9 also for possible purchase. Is this because you are using other systems in addition to the basic one? Or might I be using the wrong scan. I've been using Jershey Equities Dry Up Volume Scan v. 1.0.0.

Thanks,

Ohio
 
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