Spydertrader's Jack Hershey Equities Journal II

[Abuelo]

Have found the "Bruno R" post but so far no luck in locating Hershey's "Too long post".

Where is it located.

Thanks.

 

[Spydertrader]

Quote from Abuelo:

Have found the "Bruno R" post but so far no luck in locating Hershey's "Too long post". Where is it located.

Right here.

- Spydertrader

 

[chapper]

Exited NWRE this morning in parts... 21.75 and 21.55. Made a little, thank goodness... it tanked a bit the rest of the day.

 

[mischief]

Signal for CKCM at 19.57 and MGPI at 21.72.

Neither made FRV so will be closed out tomorrow morning.

 

[gooch87]

This looks ready.


<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1110944"></img>

 

[gpzany]

Looks like it's going to be a busy day...

Dry up list for Friday:

BTUI CERS CFK CNTF EMKR ENG FTEK GIGM IIG IVAC LMS NEU RACK SFCC TASR TFSM TSCM

Bruno R setups for Friday:

CFK

 

[justyield]

Quote from gooch87:

This looks ready.


<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1110944"></img>

Hi
could you elaborate please - why is this one ready (under Hershey method)?

JY

 

[justyield]

Quote from gpzany:

Looks like it's going to be a busy day...

Dry up list for Friday:

BTUI CERS CFK CNTF EMKR ENG FTEK GIGM IIG IVAC LMS NEU RACK SFCC TASR TFSM TSCM

Bruno R setups for Friday:

CFK

Thanks for the list, I got most of them.
Can you please explain how these ones make it to your hotlist though:
CERS CFK EMKR NEU TASR TFSM

Some appear to have negative eps or low volumes. NEU, which passes both these tests seems to be on the RHS of the down-trend channel, which is a bad thing so I've heard.

JY

 

[gpzany]

Quote from justyield:

Thanks for the list, I got most of them.
Can you please explain how these ones make it to your hotlist though:
CERS CFK EMKR NEU TASR TFSM

Some appear to have negative eps or low volumes. NEU, which passes both these tests seems to be on the RHS of the down-trend channel, which is a bad thing so I've heard.

JY

Hi JY,

lately, I have been building my final universe using the msn deluxe screener, with the criteria that has been posted before in one of the journals.

Then did my dry up scan on the wealth-lab website.

Used the cull_stocktables excel sheet to screen for the 4 criteria using yahoo finance data.

Your results may differ if you are using different data sources, as Spyder has mentioned often.

You are right about NEU... will be watching how it behaves at the down channel line...

Cheers.

 

[gooch87]

Quote from justyield:

Hi
could you elaborate please - why is this one ready (under Hershey method)?

JY

Hi

It looks like a bruno_r buy. Notice the it traversed the downtrend channel. It appears to be starting a new trend, as noted by the stochastics and MACD, VOLUMe and price.

IBD had this stock on their monthly webcast and said it was not a good candidate for your watchlist. It did not hold up well under the current market conditions.

We will have to see. I would be very careful with this one.

good trading to you

gooch87