Spydertrader's Jack Hershey Equities Journal

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Quote from Trend Fader:

What is the formula u use to calculate DU? Can you at least provide a link as to where u show how u calculate the formula.

Out of respect for the many individuals who have tirelessly reviewed the entire contents of this Journal (some several times) in order to improve their understanding and expand their knowledge, I provide you with the following link. May you exercise the same modicum of effort as those less experienced traders that began their journey before you.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=38777

- Spydertrader
 
2005-05-18, Wednesday - Lists

Hershey Wealth-Lab Chartscript Culling Methodology
Hershey Chartscript Scans / Qcharts Culling / Stocktables.com Sort

Hot List

DCAI ELOS FORD MCRI MFLX NFLX PARL SNDA USG

Dry Up Stocks

BCSI MCRI SYNA UBET

Hot List Stocks Scores

DCAI - 2
ELOS - 7
FORD - 7
MCRI - 5
MFLX - 7
NFLX - 0
PARL - 5
SNDA - 2
USG - 2

Dry Up Stocks Scores

BCSI - 0
EXM - 5
SYNA - 5
UBET - 5

Keep an Eye on These Stocks

MCRI (Attached)

The following Stock has been Added to the Final Universe List as of 2005-05-17: NFLX

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=750613>
 

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Quote from Spydertrader:

I'm afraid I cannot speak intelligently with respect to Jack's Futures Methods. I have never spent the time required to learn the methodology. The above referenced NQ Contract Chart tracks price on a 15 minute scale for the contract in question. The Intraday Futures Method does not involve the use of Dry Up Volume. Perhaps, dkm, SRVZ or Nwbprop could better address your questions with regard to futures.

I apologize for not having the ability to provide you additional assistance in the area of futures.

- Spydertrader


Sorry, my fault. I was looking at the chart only from the perspective of determining trends or breakouts etc.I did not take into consideration what the chart was following.

gooch87
 
Quote from Trend Fader:

What is the formula u use to calculate DU? Can you atleast provide a link as to where u show how u calculate the formula.

TF and Others that may be new to the Hershey concepts,

I *think* you may find many of us to be an interesting group as far as trading discussion threads. We’re the quiet ones at the back of the class, we don’t show off and we don’t even attempt to get others to join our club. In fact when our teacher would occasionally stop by he would generally have tomatoes thrown at him from the other kids. For those of us that listened and studied though, boy did we get education. Unfortunately for some the teacher is a bit of an eccentric, it’s part of his charm. He loves words and as such his explanations we about as hidden as Bible codes. It took dozens of us thousands of hours of reading all his teachings to decipher their meanings (even today were only part of the way there). Many students have come and gone, the marathon baton has been handed from one to another and Todd through his incredible devotion has become the torch bearer of the day. I tell you all of this because though this is the road less traveled, it is a fun one, it requires a level of dedication and time beyond most any other trading methodology. Most of us followers have our battle scars from years of trading, but we found this concept or better still it found us! As such if this method is really meant for you, you will not be able to put down the material. Your husband/wife will hate (or love) you for always reading, you will get honked at when the light turns green at an intersection because your so immersed in your printouts that you didn’t see the light change and as you read you will find your feelings change from skepticism to hope. You will want to believe as the concept grips you that it does in fact work. If you feel yourself going down this road you will know that you will be at the back of the class smiling and becoming very quiet when other kids make fun of you or demand the shortcut to what you have invested endless hours decoding, all in very short order.
Ok, I know it was long and riddled with innuendo but that’s how Jack would have wanted it I’m sure. All the answers are there for you, go see if it grabs you, hopefully in the end you will join in the refinement of what has been an amazing ride for all of us. I promise you will not regret it and you will be thankful that links were not just provided to every question asked. I promise!

Ross
 
Quote from Ross:

TF and Others that may be new to the Hershey concepts,

... Todd ..
Ross

OT. Todd Shaver of bull report.com? and I seriously doubt that TF is 'new' to Jack concepts.
 
Quote from nkhoi:

OT. Todd Shaver of bull report.com? and I seriously doubt that TF is 'new' to Jack concepts.

Sorry for the confusion, I should have been more clear.

Todd=Spydertrader

As far as TF's familiarity, I have no idea and can not make a guess either way. I would not want to insult him nor embarrass myself by making an assumption. Thanks for allowing me to clarify.

Ross
 
Quote from Ross:

TF and Others that may be new to the Hershey concepts,

Ok, I know it was long and riddled with innuendo but that’s how Jack would have wanted it I’m sure.

Ross

Is Jack taking a dirt nap?
 
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