Spydertrader's Jack Hershey Equities Journal II

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Quote from spooz_trader1:

bundlemaker,

Looking at the Hershey Equities Chartscript Version 4.1, the code sets the chart bkgnd to green if the "current" volume is below HBDU. Unless I'm missing something, I think this is the script behavior.

OMNI's volume today (11/9/06) is above HBDU.

spooz
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That's what it looks like to me too, but I don't understand why OMNI showed up as being in dry up according to the scanning script.
 
Closed all long positions this morning.

ASCA = Wash Trade
RNOW = .77 cents per share profit
SMSI = .01 per share loss

All three equities bounced off the 20 SMA and headed south from that point - an important lesson for the future methinks.

Good Trading to you all.

- Spydertrader
 
Quote from Spydertrader:

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Any chance you could annotate the chart with "decision points" or places that you either did or would take action?
 
Quote from Spydertrader:

Closed all long positions this morning.

ASCA = Wash Trade
RNOW = .77 cents per share profit
SMSI = .01 per share loss

All three equities bounced off the 20 SMA and headed south from that point - an important lesson for the future methinks.

Good Trading to you all.

- Spydertrader
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Just to support your views, I went flat yesterday pm (GMXR among others) and am staying out for the day. Passed on BTUI.
 
Well, if Spyder and Jack are both flat they are most likely seeing something I'm not.

ALJ - out at $28.70
$.05 loss

ANDE - out earlier at $38.24 (crossed previous volatility expansion line)
$1.64 gain

Flat going into the weekend - enjoy the weekend everyone!
 
Well, it looks like the only way I'm gonna make any money today is to work some overtime.:D
Out of SMSI at 15.92 for a 2.2% loss.

have a great weekend everyone.
gooch87
 
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