You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Spydertrader's Jack Hershey Equities Journal II
- Thread starter Spydertrader
- Start date
- Status
- Not open for further replies.
Quote from cnms2:
I wonder how could FORD be part of a high quality universe: how could its RS be higher than 80% based on its chart? Thanks.
Someone will correct me if I'm wrong, I'm sure, but I believe FORD has been a part of the FU for a very long time now (1+ years?). Once it makes it in, as long as it maintains "rank" each month it stays in.
Thanks,
- The New Guy
Quote from thenewguy:
Someone will correct me if I'm wrong, I'm not sure, but I believe FORD has been a part of the FU for a very long time now (1+ years?). Once it makes it in, as long as it maintains "rank" each month it stays in.
Correct. FORD has maintained a position in the Final Universe for almost two years. As such, unless FORD fails to maintain rank, the equity will continue to remain in my Final Universe irrespective of EPS or RS rank.
- Spydertrader
SpyderTrader-
I too have the six symbols you identified.
And, I have TRLG, once again, as a candidate for the Final Universe.
Did anyone else find this F-U candidate symbol today?
Trading Results: I bought RATE and MTEX this morning when they each hit Lower Band Vol as they both satisfied MACD and Sto requirements. I sold both at day's end as FRVcswere not hit. Both were losers.
I rushed into the RATE trade.
Looking now more carefully at a daily chart for RATE, I can see its price bars trending down from an upper channel line, and both MACD and Sto values were trending down for 4 days! Today's volume was also increasing as the price headed steadily south for the first 3 hours. I should have seen these things.
Next time............!
GlenKK
I too have the six symbols you identified.
And, I have TRLG, once again, as a candidate for the Final Universe.
Did anyone else find this F-U candidate symbol today?
Trading Results: I bought RATE and MTEX this morning when they each hit Lower Band Vol as they both satisfied MACD and Sto requirements. I sold both at day's end as FRVcswere not hit. Both were losers.
I rushed into the RATE trade.
Looking now more carefully at a daily chart for RATE, I can see its price bars trending down from an upper channel line, and both MACD and Sto values were trending down for 4 days! Today's volume was also increasing as the price headed steadily south for the first 3 hours. I should have seen these things.
Next time............!
GlenKK
Quote from GlenKK:
And, I have TRLG, once again, as a candidate for the Final Universe.
I have TRLG (along with UEPS and NTRI) waiting on the bench. Nothing wrong with having these stocks in your Final Universe. I simply prefer having more days of data before adding them.
- Spydertrader
- Status
- Not open for further replies.