Spydertrader's Jack Hershey Equities Journal II

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Quote from bundlemaker:

I've been reviewing all the videos and Jack mentioned doing Camtasia's of Drills. Is that a work still in progress? Or are they already uploaded somewhere I'm not aware of?
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If you do not find additional videos at this web site, check back later. The process of recording, transcribing, editing and uploading takes place on a regular basis. On occasion, the assembly line endures a slight delay, but is, as you say, an ongoing process.

- Spydertrader
 
Thanks for the extra stocks, Spyder. They all look worth keeping an eye on.

A couple I have in my 'extra universe' of stocks that rank but are outside strict Hershey parameters, and I'm also watching for tomorrow, are:

LMIA, STEC, and ANEN.

All three just crossed over the 20 SMA, positive MACD, and Stoch heading higher.

I'm still a newb so any info should be thoroughly investigated and opinions taken with a pound of salt, just thought I would add a couple extra ones to take a look at.

Also have OLAB maybe bouncing off the 20SMA if it doesnt break through?

One last question, Spydertrader (or anyone), when I looked up CLMS and CN in Wealthlab the channels look great for a possible bounce off the right trendline, but there was no info on Dry Up volumes. Any reason? Just curious.

Thanks

Edit: I note ANEN is actually in the official Final Universe, no longer just in my 'extra universe' (or it is on Spyder's list of Final Universe news, anyways from the link a couple pages back).
 
Quote from candletrader:

Where is your stop on COGO? Fwiw, I got in the same time as you using a standard pullback approach (not the Hershey Method)...
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I placed my initial stop outside the last swing low on 10/11/2006 using a Stop Offset of $1.00 USD. As time moves forward (and the trade continues to move in my favor), I plan to tighten up the stop offset to protect more of the profits. Right now, I'd like to see price continue to move outside the short term down channel (the current pullback) which began on 10/16/2006.

- Spydertrader
 
Quote from 7cal:

One last question, Spydertrader (or anyone), when I looked up CLMS and CN in Wealthlab the channels look great for a possible bounce off the right trendline, but there was no info on Dry Up volumes. Any reason? Just curious.
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CLMS and CN don't cycle five times in six months for 20% gains over 6 to 8 days. The chartscripts do not calculate Dry Up Values for stocks unless they meet the 'cycling' parameters.

- Spydertrader
 
Quote from Spydertrader:

I placed my initial stop outside the last swing low on 10/11/2006 using a Stop Offset of $1.00 USD. As time moves forward (and the trade continues to move in my favor), I plan to tighten up the stop offset to protect more of the profits. Right now, I'd like to see price continue to move outside the short term down channel (the current pullback) which began on 10/16/2006.

- Spydertrader
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Thanks Spydertrader...

Fwiw, I have my stop in at the value of the 50ema on the entry date... my feeling was that the 10/11/2006 swing low was a bit far away, and I am happy to be knocked out of this trade for the upside coming off a smaller stop...

I been looking at your journal now and again... I don't know about the Dry Up volume and Fundamental filters, but the Hershey method seems solid enough in the area of picking up pullbacks... as they say, if it works for you, don't fix it!!

Keep up the good work on your journal, Spydertrader...
 
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