Spydertrader's Jack Hershey Equities Journal II

[Spydertrader]

Quote from mktman:

Forgive me for asking a dumb question.

The only stupid question is the one you fail to ask.

Quote from mktman:

Is there a link to the summary of this method?

Begin your Journey right here.

Quote from mktman:

I thought wealth lab was bought out so is that still available?

The Wealth-Lab.com web site still provides free access, and if one exercises a little creativity, one might still find an older version of Wealth-Lab Developer floating around the the back alleys of the internet.

- Spydertrader

 

[GlenKK]

SpyderTrader-
Will you please publish a list of the stocks in your current Final Universe? I badly need a cross check.

Thank you!

GlenK

 

[Spydertrader]

Quote from GlenKK:

Will you please publish a list of the stocks in your current Final Universe?

Current Final Universe

ASPV ATHR BBC BNT BTUI CBEY CKCM CNTF COGO CTHR CTRN DXPE ENG FTEK GIGM GMXR GROW IIG ISE IVAC JOBS LMIA LMS MEK MIND MTEX NCTY NGS NTRI NWRE PWEI RACK REDF SFCC SMDI TIE TSCM TWGP

- Spydertrader

 

[GlenKK]

I very much appreciate the list of Final Universe stocks. I only had to add LMIA.

Scanning the Final Universe for rank, I get:
BNT CNTF IIG MIND NGS NWRE REDF SFCC
for Friday's work.

Many Thanks! (and, Good Night)

GlenK

 

[foible]

Got into MIND a bit late so I'm too close to the even dollar for comfort. Still, all the planets have lined up and I'm in. I'll feel a lot better if it breaks through $16 as that's a psychological limit, and the top of the daily channel.

<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1090583"/>

 

[foible]

FYI: for those others who may be in MIND, it reports earnings on the 12th.

 

[stevegee58]

Plus, keep an eye on volume near EOD on MIND. FRV is 311,000.

I missed entry on it and was unwilling to chase. I did close PWEI and ASPV today for nice profits on each.

 

[mktman]

Does stocktables.com still offer the two week free trial?
Dont see it.

For Tradestation users there isnt an indicator for float?
Looked dont see one.
Unusual.

thx.

 

[acesheet]

Quote from Dougcs
ace,

Thanks for your work analyzing S's JI.

My JackGaussianVPCT indicator is the ratio of actual volume / average volume for each intraday bar.

As Spyder's .xls sheet on unusual volume shows, average intraday volume is not constant during the day. Typically, for a 30 min fractal, the first bar has around 15% of the day's total volume while the bars around lunch time are 5% or less. My chart normalizes it by calculating the avg volume for each intraday bar and using that average to divide the actual volume. I consider anything above 1.7x normal to be "unusual volume".

Hope this helps. If you have TS, I'll send you my code.

Doug

Doug,

It does help quite a bit. I figured it was some sort of normalization. Nice idea.

I use Amibroker, but I should be able to find a way to adapt this. Currently it will do me no good due to my day job, however.

-ace

 

[mktman]

Quote from mktman:

Does stocktables.com still offer the two week free trial?
Dont see it.

My mistake.
You have to know where to go.
Start as a new user then two
week trial is available.