Spydertrader's Jack Hershey Equities Journal

Status
Not open for further replies.
Sevens - Ones - Zeros
NGPS - JUPM - NAVR
MTEX - JCOM - RRGB
TKC - CREE - HRT
VCLK - CTSH - DRTK
FFIV - PMTI - ARTI
TS - SINA - CRDN
DRIV - KSWS - SHFL
LSCP - YHOO - LSCP
------ EAGL

Hotlist

HRT
NGPS
FFIV
JUPM
NAVR
PMTI
SINA

Watch List

IDSA - DU Cycle
BCSI - DU Cycle
ESMC - DU Cycle - DU5
CALM - DU Cycle
LWAY - DU Cycle
ANIK - DU Cycle - DU5 - DU10
SWIR - DU Cycle - DU5 - DU10 - DU20
JUPM - DU Cycle
EVCI - DU Cycle - DU5
ENWV - DU Cycle
GDP - DU Cycle
SMTS - DU Cycle
NTES - DU Cycle - DU5
SINA - DU Cycle
PETD - DU Cycle
ASKJ - DU Cycle
NVEC - DU Cycle - DU5
LIFC - DU Cycle


SRVZ Wealth Lab Equations - Dry Up

ENWV

Score for the above Stocks

ENWV - 3

Gallas2 "Keep an Eye on These" Stocks

ENWV (Attached)

(VSEC, IDSA, HRT, LWAY, NVEC & NGPS have float outside normal parameters)
 

Attachments

Actual volume for SWIR exceeded our 25% Pro-Rata Volume around 9:50 AM this morning. Price at that time held at $18.94 (an improvement over the previous day). MACD is seen to be rising (+.0781). However, The Stochastic Indicator was below our ideal entry point (68.3229). As a result, we take no action, and continue to monitor volume on SWIR.

CALM triggered a signal when actual volume exceeded calculated dry up volume at 9:50 AM. MACD remained positive (+.0546) and The Stochastic Indicator remained steady at 100.00. Since we have price improvement, we take the trade LONG 600 shares CALM.

11/17/04 09:52:52 13.43 13.43 13.43 900

- Spydertrader
 
SWIR continues to track correctly on the Pro-Rata Volume exceeding 50% of DU Volume by 10:30 AM. MACD remains positive (+.0772), but the Stochastic Indicator remains below our entry point (65.2174). Although price remains improved over yesterday, it has fallen from the morning high. We take no action, and continue to monitor.

- Spydertrader

Edit: Just after this post, The Stochastic Indicator rose above the 75 mark, price at that time: $19.00.
 
NVEC exceeded 75% of DU volume on a Pro-Rata basis at 10:49 AM. MACD remains positive (+.0291) and The Stochastic Indicator holds at 92.8845. We have price improvement over the previous day. However, NVEC has a float outside our normal parameters. As a result, the rules I follow preclude me from taking the trade. For educational purposes, price at (pro-rata) signal for NVEC was: $35.57.

- Spydertrader
 
Actual volume for both NVEC and SWIR did breach their respective Dry Up Volume levels prior to 11:30 AM (but after 11:00 AM). In addition, the use of pro-rata volume accurately anticipated the price increase for both stocks. Volume for CALM continues to increase (although at a slightly slower pace) placing CALM well on its way to reaching FRV volume levels before the end of the day. CALM announced a dividend at 7:45 AM this morning (Story at URL: http://tinyurl.com/4ht7d ).

- Spydertrader
 
The chart for SWIR (attached) looks pretty good so far. We should look to exit after price traverses the channel. Unfortunately, CALM didn't hold it's price today. We should have probably exited the trade when the chart showed a slow degradation in price during the afternoon. Jack Hershey has mentioned this in the past as a sign of a possible failed breakout. We will see what tomorrow brings with both these equities.

- Spydertrader
 

Attachments

Sevens - Ones - Zeros
NTAP - KSWS - DRTK
NGPS - SHFL - LSCP
VRNT - UTHR - MTEX
ASPM - PETD - PTRY
TKC - CTSH - MRVL
ENWV - SINA - ALDN
CREE - JUPM - TS
EAGL - YHOO - PHS
LCAV - PMTI - NAVR
ARTI - DRIV - DECK

Hotlist

NGPS
ALDN
JUPM
NAVR
ENWV
PMTI
SINA
PETD

Watch List

IDSA - DU Cycle
ESMC - DU Cycle - DU5 - DU10
LWAY - DU Cycle - DU5 - DU10 - DU20
ANIK - DU Cycle
GMAI - DU Cycle
EVCI - DU Cycle - DU5
GDP - DU Cycle
SMTS - DU Cycle - DU5 - DU10 - DU20
SINA - DU Cycle
HLEX - DU Cycle

SRVZ Wealth lab Equations - Dry Up

no signals

Gallas2 "Keep and Eye on These" Stocks

ENWV (Attached)

(VSEC, IDSA, HRT, LWAY, NGPS & NVEC have float outside normal parameters)
 

Attachments

SMTS has exceeded 25% of DU Volume on a pro-rata basis before 10:00 AM, and remains well on its way to exceed 50% by 10:30 AM. Price improvement exists, MACD (+.0256) and The Stochastic Indicator (81.3954) fall inside normal parameters. However, average daily volume for SMTS remains very low - 36,000 shares. Such a low average daily volume prevents taking the trade. However, for those that feel comfortable with thinly traded stocks, price for SMTS at pro-rata signal was $12.50. As a result of the low average daily volume, I take no action on SMTS. I will however continue to monitor SMTS for educational purposes.

- Spydertrader
 
SMTS continued to improve, albeit slowly, in terms of pro-rata volume. However, SMTS did not achieve DU Volume until after the 11:30 time frame. It appears that thinly traded equities don't always react as we would anticipate.

The system did not signal any additional triggers either on a pro-rata DU Volume basis or on a calculated Dry Up Volume basis. As a result, we take no action today.

Both SWIR and CALM continue to improve in price.

- Spydertrader
 
Sevens - Ones - Zeros
VIVO - SHFL - TKC
ALDN - PHS - ULCM
HANS - NAVR - VCLK
MTEX - FFIV - ARTI
NTAP - TIBX - RRGB
URBN - JCOM - CREE
ASPM - PETD - TS
MRVL - KSWS - UTHR
ARTI - JUPM - EAGL
ULCM - CRDN - YHOO

Hotlist

HANS
ALDN
FFIV
JUPM
NAVR
PETD

Watch List

IDSA - DU Cycle - DU5 - DU10
ESMC - DU Cycle - DU5
LWAY - DU Cycle - DU5 - DU10 - DU20
ANIK - DU Cycle - DU5
SWIR - DU Cycle - DU5
FFIV - DU Cycle - DU5
EVCI - DU Cycle - DU5
NAVR - DU Cycle - DU5
ENWV - DU Cycle
GDP - DU Cycle
SMTS - DU Cycle - DU5
NTES - DU Cycle
SINA - DU Cycle - DU5
LSCP - DU Cycle
DPTR - DU Cycle - DU5
LIFC - DU Cycle - DU5

SRVZ Wealth Lab Equations - Dry Up

no stocks

Gallas2 "Keep an Eye on These" stocks

ENWV (attached)
ESMC

(VSEC, IDSA, LWAY, HRT, NGPS & NVEC have float outside normal parameters)
 

Attachments

Status
Not open for further replies.
Back
Top