Spydertrader's Jack Hershey Equities Journal

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Our system failed to generate any signals today. Actual volume for our Dry Up Stocks failed to exceed calculated Dry Up Volume prior to 11:30 AM. As a result, we do not enter into any trades today.

- Spydertrader
 
Perhaps the list needs to be expanded. Today was my most profitable day ever.

Too many filters, while increasing expectancy per trade, reduces profits if too few trades are made. Wealth-lab testing confirms this clearly.
 
Quote from nzbryant:

Today was my most profitable day ever.
More...

Congrats on such a profitable day. How do your methods differ from those described by Jack Hershey? Feel free to share your insights.

- Spydertrader
 
I have eliminated the following stocks from our "Final Universe List" for failing to maintain their rank.

HLEX PETD SWIR ASKJ SMTS VSEC NTES LWAY TRMM INSP NVEC LSCP DPTR DECK MSA LIFC ANIK BAMM ENWV NAVR CRDN IDSY ALDN

The stocks listed above no longer cycle a minimum of 5 times in the last six months. Our current "Final Universe List" now stands at 36 stocks. However, of those 36 companies, GOAM, ANTP, NGPS, IDSA, HLIT, MT & HRT continue to have float outside our normal parameters.

- Spydertrader
 
Hi Spyder

I use Smartmoney to screen for high growth stocks with high RS, a low float, but adequate volume (sorry don't have it open right now for the exact parameters but the exact parameters are not the 'edge' - the general principles are what matter).

I then look for setups where volume and price and 5 day rate of change tick up simultaneously, while stoch is less than 70 - so buying pressure is indicated but not overbought. Then I check the a range of moving averages, and support and resistance to gauge the general potential of the setup.
 
I used RS and EPS Settings of 90 for the following lists

Sevens - Ones - Zeros
EZPW - ANTP - PNK
NNI - COGT - WWCA
MSB - NGPS - NSS
TIE - NTAP - CCJ
HANS - MT - RSTI
PKOH - ELOS - XPRSA
EXM - HLIT - IPS
HOLX - PMTI - WCC
JUPM - ADBL - SNDA
LSS - ANGO - ISSC

Hotlist

ANTP
EXM
NGPS
ANGO
ELOS
COGT
EZPW
SNDA
ADBL
JUPM

Watch List

GOAM - DU Cycle - DU5
PACT - DU Cycle - DU5
ANTP - DU Cycle - DU5
TASR - DU Cycle
KEYW - DU Cycle
ELOS - DU Cycle - DU5
TOPT - DU Cycle
COGT - DU Cycle
ESMC - DU Cycle - DU5 - DU10
UBET - DU Cycle
HRT - DU Cycle
EBKR - DU Cycle - DU5 - DU10 - DU20

SRVZ Wealth Lab Equations - Dry Up (with G33M4K Score)

ANTP - 2
EBKR - 1
MT - 7
UBET - 2
ULBI - 7

Gallas2 "Keep an Eye on These" Stocks

COGT (Attached)

Dry Up Stocks with G33M4K Master List Score of Zero

CALM

(GOAM, ANTP, NGPS, ANGO, HRT, IDSA, MT, HLIT have float outside normal parameters)

The following Stocks have been ADDED to the Final Universe List as of 2005-01-31: ANGO.
 
2005-02-01, Tuesday - Update

I didn't realize the system administrators removed the subject lines from posts during their recent upgrades to the ET web site. I apologize for any confusion resulting from the lack of clarity.

Our normal system failed to generate a signal today, however, we did receive a buy signal from one of the systems currently undergoing testing. CALM triggered a buy signal at the $12.00 price point. We arrive at CALM, by looking at Watch List Stocks, currently in Dry Up, and with a G33M4K Score of Zero. When volume exceeded the previous day volume, the system generates a signal to go long. In order to obtain an accurate picture for the results of this variant of the Hershey Equities System, we require additional tests. As such, we PAPERTRADE the signal for CALM. Again, the CALM trade is a papertrade, NOT a real trade.

- Spydertrader
 
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