Spydertrader's Jack Hershey Equities Journal II

[tradingbug]

Quote from spon:

entered NGAS this morning at 10.89. has already reached FRV so I'll hold it with the 5% trailing stop and 10% target

I like that buy a lot. looks like du yesterday.

 

[Spydertrader]

Quote from spon:

entered NGAS this morning at 10.89. has already reached FRV so I'll hold it with the 5% trailing stop and 10% target

Excellent work. Keep it up.

- Spydertrader

 

[Thor]

The info on this Journal and the first one is tremendous.
Had I found this thread earlier I could have dispensed with reading a number of timewasting books.
My sincere thanks and heartfelt gratitude to you and Jack for putting in so much time and effort in making this available.

 

[Gandolph]

SPDR I will second that. I have learned some valuable insights on this board. Although I have been investing foe 21 years I never paid attention to DU volume. You have helped me make a lot money this year. I especially enjoyed the Big Post.
Thanks so much.
Don

 

[gooch87]

I am long SWN this morning. Got in at 39.70, not sure about this trade but it made the signal so here we go.

 

[Spydertrader]

When REDF touched the bottom of the Long Term Channel this morning, I purchased 600 shares at a basis of $19.60 USD per share.

- Spydertrader

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=949821>

 

[Spydertrader]

Quote from gooch87:

I am long SWN this morning. Got in at 39.70, not sure about this trade but it made the signal so here we go.

Nice to see price cooperating with you thus far. Hopefully, the trend continues even higher for you.

- Spydertrader

 

[gooch87]

Got out at 40.11 for a small profit. On the 5 min chart the trend has changed but on the 30 min chart still looks good.

 

[gooch87]

Quote from Spydertrader:

When REDF touched the bottom of the Long Term Channel this morning, I purchased 600 shares at a basis of $19.60 USD per share.

- Spydertrader

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=949821>

Looking good so far. Hope the trend continues for YOU.

 

[dougcs]

Quote from Spydertrader:

When REDF touched the bottom of the Long Term Channel this morning, I purchased 600 shares at a basis of $19.60 USD per share.

- Spydertrader

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=949821>

Spyder,

Good luck on this trade.

However, I don't understand its basis. I have it in my Jack Universe and it did not show up in the DUV scan. Also, I see the channel but am having trouble relating the trade to the topic of the thread.


Doug