Spydertrader's Jack Hershey Equities Journal II

mlsignups · Dec 15, 2005

By the way, Spydertrader, I was unsure whether to enter the trade at all since the stock at that time didn't look that strong but your entry and mention of it on the board gave me the nudge to do so.

Thanks

Mike

Quote from Spydertrader:

Nicely done.

- Spydertrader

gooch87 · Dec 15, 2005

Quote from dougcs:

I bought PETS at 9:50AM CST at 14.13; I showed it meeting all requirements.

Hi Dougcs,

I had it generating the signal at 10:27 am, very late compared to you.
12/15/05 10:26:42 14.08 14.04 14.08 98640
12/15/05 10:27:07 14.07 14.06 14.07 98740
12/15/05 10:27:21 14.06 14.05 14.07 100140
12/15/05 10:27:21 14.05 14.05 14.07 101140
12/15/05 10:27:27 14.05 14.05 14.07 101340
12/15/05 10:27:27 14.07 14.05 14.07 101440
12/15/05 10:27:27 14.07 14.05 14.07 101740
12/15/05 10:28:14 14.07 14.05 14.07 101940
12/15/05 10:28:23 14.07 14.05 14.06 102040
12/15/05 10:28:36 14.06 14.06 14.08 102340
12/15/05 10:28:41 14.06 14.05 14.07 102440

I don't like trading those signals that are lingering around the 80 line especially since I had to work today.

I took no trades today.

I may buy some tomorrow since it did reach FRV.

gooch87

gooch87 · Dec 15, 2005

Dryup list for Friday with Lower Band Data

DCAI LB 28040
KNDL LB 44838
NGPS LB 59688
VPHM LB 410041

Good trading everyone.

Gooch87

mrpace · Dec 15, 2005

Quote from gooch87:

Hi Dougcs,

I had it generating the signal at 10:27 am, very late compared to you.

Actually, you're both right....note Dougcs' time zone....

PS. My du list matches yours with the exception of KNDL....KNDL did not make my list for Friday....

dougcs · Dec 16, 2005

Quote from gooch87:

Dryup list for Friday with Lower Band Data

DCAI LB 28040
KNDL LB 44838
NGPS LB 59688
VPHM LB 410041

Good trading everyone.

Gooch87

Agree with your list; and I have, for fun, DXPE and IPII that both fall short of the float and V65 requirements.

Doug

gooch87 · Dec 16, 2005

Quote from mrpace:

Actually, you're both right....note Dougcs' time zone....

PS. My du list matches yours with the exception of KNDL....KNDL did not make my list for Friday....

I see the time zone... oops

KNDL looks pretty quiet this morning.

jficquette · Dec 16, 2005

Hi,

Enjoying the thread. Quick question, has anyone done any work on the behavior of stocks that are heavily institutionally owned vs those that are not? Relative to this system that is.

I believe that stocks that are 100+ owned by institutions will behave differently then those that are weakly owned by them.

Again, curious if anyone has done any work on this or have any comments on this.

Thanks

John

gooch87 · Dec 16, 2005

Got VPHM at 19.9 when it generated a positive signal at 10:20 am

dougcs · Dec 16, 2005

Closed half my PETS position for a 5% gain.
Today's buys:

DCAI at 10.78
VPHM at 19.90
NGPS at 30.30

Doug

Spydertrader · Dec 16, 2005

Quote from jficquette:

Quick question, has anyone done any work on the behavior of stocks that are heavily institutionally owned vs those that are not?

A couple of years ago, I tracked the "Percent of Shares Owned by Institutions" among the Final Universe Stocks. At that time, I did not have any Equities which had 100% of the shares owned by Institutions. Although the percentages did regularly change (most likely as the result of Accumulation / Distribution), someone may have posted (back then) about seeking a minimum amount of institutionally owned shares. You might check the MSN Web Site (Jack Hershey Strategies) linked in the Background Material in the Original Journal for the post.

- Spydertrader