Spydertrader's Jack Hershey Equities Journal II

[R/R]

Quote from rbaker:

Does anyone know of a database of historical RS and EPS ranks for stocks?

Try: Quotes Plus. They do EPS and RS ranking but I'm not sure of the history available.

http://www.quotes-plus.com/

Rick

 

[Bearbelly]

Excav8tor and Spyder thanks a lot. Plenty to think about in those two posts.

 

[bundlemaker]

Spyder,

In your opinion, are these annotations appropriate or am I being too predictive about current price forming a new Point 3 in a newly formed IT downtrend?

Thanks for your input.

 

[Spydertrader]

Quote from bundlemaker:

In your opinion, are these annotations appropriate or am I being too predictive about current price forming a new Point 3 in a newly formed IT downtrend?

It looks good from where I sit.

- Spydertrader

 

[Spydertrader]

Outside the box ...

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1270447>

 

[bi9foot]

Quote from bundlemaker:

Spyder,

In your opinion, are these annotations appropriate or am I being too predictive about current price forming a new Point 3 in a newly formed IT downtrend?

Thanks for your input.

bundlemaker,

Here is my SMSI chart. I have a IM up channel drawn in orange so I am not sure there is a downtrend currently until the price breaks the right orange line. I have marked a FTT on the (teal channel) not sure if the low volume the last two days affects it being labelled a FTT. In anycase, I have to be ready to close my position in case it is starting a down trend.

 

[gooch87]

Hi Spyder,
Am I on track with this analysis?
good trading to you,
gooch87

<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1270507"></img>

 

[Spydertrader]

Quote from gooch87:

Am I on track with this analysis?

I'd personally prefer to see price break the down channel Monday (and remain above the weekly pivot), but the rest looks great.

- Spydertrader

 

[Monkman]

For everyone that uses Wealth-lab with the Hershey Equities Scan, I was wondering if there was a free end of day data provider that works with wealth-lab and the Hershey Equities Scan script. For some reason I cannot get Yahoo finance quotes to pick up with the Sypdertrader chatscripts. If you know how to solve this problem please let me know.

- Blake

 

[rickylc]

Quote from gooch87:

Hi Spyder,
Am I on track with this analysis?
good trading to you,
gooch87

gooch,

why did you choose friday as your pt3 for the down channel? i used wednesday because price began making RTL traverse on that day and continued the traverse on thursday. i'm showing friday as a day that completely breaks out of that down channel. am i choosing my points incorrectly?

always trying to learn and correct mistakes!

rick