Spydertrader's Jack Hershey Equities Journal II

softwaretrader · Feb 28, 2006

Thanks.

dougcs · Feb 28, 2006

Quote from softwaretrader:

long SIRF? Any body? Any new trade you entered today?

I am in at 38.09 and it is showing a small loss at this time, not bad on a really big downside day for the market.

Doug

stevegee58 · Feb 28, 2006

Stopped out of HANS on day 3 at 93.01 (5% trailing stop). Entered on 2/23 at 93.74.

MFE: 98.00 - 93.74 = 4.26 (about 4.5%)

Loss about 0.8%

cnms2 · Feb 28, 2006

You played masterfully the VPHM. Congrats!

Quote from Spydertrader:

VPHM provides another great example of why we do not hold during an earnings report.

- Spydertrader

http://www.elitetrader.com/vb/attachment.php?s=&postid=995263

dougcs · Feb 28, 2006

Quote from dougcs:

I am in at 38.09 and it is showing a small loss at this time, not bad on a really big downside day for the market.

Doug

And got stopped out for a 2% loss

Doug

spon · Feb 28, 2006

Quote from Spydertrader:

VPHM provides another great example of why we do not hold during an earnings report.

- Spydertrader

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=995263>

exactly. I got hammered today on this even with my stop loss order. ohh well, live and learn.

Spydertrader · Feb 28, 2006

Final Universe Deletions

Effective immediately, I have deleted the following stocks (10) from the Final Universe for Failure to Maintain Rank.

CUTR ETS IVAC LIFC NDAQ NFLX PETS RATE TALX VIVO

- Spydertrader

stevegee58 · Feb 28, 2006

Ah, the once-a-month cull?

Spydertrader · Feb 28, 2006

Quote from stevegee58:

Ah, the once-a-month cull?

Yes. Any stock which has failed to maintain rank, I delete at month's end. Failure to maintain rank is the only method by which an equity leaves the Final Universe.

- Spydertrader

stevegee58 · Feb 28, 2006

Do you mean Hershey rank as calculated by the Wealth-Lab script, or stocktables.com's rank?