Spydertrader's Jack Hershey Equities Journal II

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Interesting WL scan results for today. Only 2 stocks in dry-up, but 8 showed up as "Bruno R" buys.

Usually there are more dry-ups than Bruno Rs.
 
I would wager that with yesterdays turn up in the afternoon, that setup a lot of Brunos since the Stochastics were turning off lows along with MACD etc... very interesting :)

Lets see if there is any conviction, I would suspect an up day, many people don't want to be short anything into the weekend.
 
Here's what I have on my list... so far looks like a sideways type of day...

ASPV CNTF LMS MIND NGS REDF SFCC TXCO VPHM ENG FMCN IVAC QUIK REDF
 
Only one volume trigger for me today, but price was going down.... so didn't do much.

Anyone try their luck at shorting? Not game enough yet to try it, still assimilating the long only strategy....
 
I'm a bit bothered by the lack of signals. It's hard to learn when you are sitting on the sidelines.

I've been working on another strategy which has been keeping me occupied, but I would like to keep working on Hershey's stuff. Maybe the 'Bruno R' stuff, channels, or the shorts. cmns2 has been trading the channels very successfully, so maybe that would be a good place to start.

I'll try to spend some more time on that and post my ideas here, unless SpyderTrader would prefer to keep this thread focused on the simple equities strategy.
 
Hello Everyone.

I returned from Tucson earlier today spending the remainder of the evening playing 'catch up' with emails, PM's and posts. While eager to return to trading, I found the time spent in Tucson extremely informative. The quality of the information presented and the character of the individuals in attendance exceeded every expectation. As a result, I have planned a return trip later this summer.

One cannot help but notice the negativity which exists elsewhere on ET with respect to how some individuals view Jack Hershey. While I intend to address this situation in much greater detail in a later post, I cannot help but find the histrionics associated with these negative viewpoints utterly hilarious.

While I intend to offer greater detail at the appropriate time, allow me to provide one easily followed recommendation to you all, which if followed, opens up an entire new world of possibilities: Review both Journals several times until you know them cold. Everything (and I do mean everything) you need in order to make the transition from successful Equities Trading to profitable Index Futures Trading exists right here within Journals One and Two.

While it may appear as if I must have sipped large batches of specially prepared 'Kool-Aid' in order to make such a statement, I can assure you nothing could be further from the truth. Moreover, I urge you not to take my word for it. I simply encourage you to take the necessary steps needed to insure you have constructed the strongest possible foundation with respect to Jack's Methods.

In the coming weeks and months, look for new, highly detailed and exciting information to augment and enhance the current knowledge base. In addition, I plan to post a few upgraded chartscripts, in an effort to improve performance, within the next few days.

The future really is brighter than the Tucson sun.

Good Trading (and good to be back).

- Spydertrader
 
Quote from foible:

I'm a bit bothered by the lack of signals. It's hard to learn when you are sitting on the sidelines.


Likewise foible, this market is really ugly right now and I am also gun-shy on the short stuff. I guess I can re-read the Journals until things settle down... :D

Looking forward to more info Spyder, glad you had a good trip.

cnms... good results again :)

cheers
 
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