Spydertrader's Jack Hershey Equities Journal II

stevegee58 · Jun 6, 2006

Strictly speaking, BITS doesn't meet the Hershey criteria since it's under $10. In fact, it's never been above $10.

Bitstream · Jun 6, 2006

Quote from mattjbarlow:

Mine is the same as yours, except I don't have BITS but I do have TASR added. I can't find any quarterly EPS data on BITS for some reason. I checked MSN, Yahoo, and Zacks.

u need to subscribe to a dedicated service in order to get earnings data for stocks like bits and others below $10.

Spydertrader · Jun 6, 2006

I also have the same Dry Up List as posted above (excluding BITS). Quote.com lists BITS as having an EPS of .15 currently, yet as Stevegee58 pointed out, price for BITS falls well below the $10.00 USD threshold.

- Spydertrader

stevegee58 · Jun 6, 2006

TIE, one of our final universe stocks, is showing price improvement with unusually high volume today...

***later***
Oops, it's no longer showing price improvement.

makosgu · Jun 6, 2006

Any xlq/qmatix users around here?

MAK---

Spydertrader · Jun 6, 2006

Quote from makosgu:

Any xlq/qmatix users around here?

Qcharts here MAK.

- Spydertrader

makosgu · Jun 6, 2006

Quote from Spydertrader:

Qcharts here MAK.

- Spydertrader

Remember to ask me about it... So that I don't forget to show you it. There will be a quickie "how it works" type of thing. Hopefully it will kick off the whole XO Equities trading stuff, Heat Matrix, Yellow Brick Road overlays...

MAK!

Spydertrader · Jun 6, 2006

Quote from makosgu:

Remember to ask me about it... So that I don't forget to show you it. There will be a quickie "how it works" type of thing. Hopefully it will kick off the whole XO Equities trading stuff, Heat Matrix, Yellow Brick Road overlays...

Alrighty then. Looking forward to it.

- Spydertrader

tradingbug · Jun 6, 2006

I have been observing the rally attempt analysis and follow through for market bottoms through IBD.

Yesterday was day 8 in the analysis w/o the follow through and I have a sneaky suspicion that any day after 7 is risky for holding stocks.

I do realize that past performance of the spyder/hershey system did well in bear markets as well.

Just a few thoughts and it never hurts to have a market guage.

jonnyy40 · Jun 6, 2006

try a few shorts.O'neil brought out a book about shorting,it's got a bit more market 'stuff' in it too.It might be a bit long term though.Shorts are faster 27:8 apparently so that's a risk minimization head start.