Spydertrader's Jack Hershey Equities Journal II

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I got into SIRF really late - about 1:45.

$29.78

I did get a signal first thing in the morning, but a few things held me back:

1. On the daily, I saw the MACDh was negative. What I failed to note was that it was increasing at the time of signal.
2. On the 30, there had been a retracement in price of about 30 cents. Otherwise that timeframe looked good.
3. My channels didn't look good at all.

So, watch for increasing MACDh on the daily, and continue working on channels.

We met FRV, have rising price and volume on the daily, and all indicators are green so I'm still holding. We'll see what tomorrow brings!
 
Quote from chapper:

Anyone get on the SIRF train today...

I entered at 28.80, exited at 29.79, thought about holding but I won't be able to monitor tomorrow, hope some of you guys got to take advantage :)
More...

I watched SIRF hit LBDU around 9:59 EST. It had price improvement and the indicators were in alignment. On paper, I hit the ask @ 29.00. My channels didn't look very good and price quickly dropped. But in the afternoon rally, it took off. Still LONG, (on paper) as it hit the ChartScript FRV. Also, based on the UV table, it ended up being well above .6 for the day.

spooz
 
Bought ININ yesterday....Nice indicators and the Daily & 30 min charts looked just fine..

ININ currently leads the pack for Unusual Volume for Spyder's latest Final Universe..

THANKS SPYDER ..We surely appreciate it when you share your ticker symbols with us.

Sold ININ today for a nice profit..

Bought & Sold UCTT today.Sold near the high . Did not like the way it was acting..

I suppose PATIENCE is a virtue in these current market conditions. Made a small profit. No complaints.. Nothing ventured..nothing gained..

Hope others did well also..

Regards to all

Ron in Tucson
 
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