Spydertrader's Jack Hershey Equities Journal

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Quote from hpeganz:

Is 76.5638 not above 75 and in desired levels??

Best regards, Helmut

The 75 upper threshold value is used for Stochastic (5,2,3). Likewise 25 is used for the lower threshold. Threshold values of 80 and 20 are used for Stochastic(14,1,3).
 
2005-07-01, Friday - EZPW Update

Although the distinct possibility exists that I may have sold all my shares too early, I decided to exit my EZPW position after reaching our 10% target price. With a long Holiday Weekend on the horizon, I figured I'd find it much easier to relax and enjoy the time away from the markets by eliminating any risk with respect to holding EZPW through the weekend. As a result, I sold all 2000 shares of EZPW receiving a fill price of $10.36 USD for a per share gain of $1.06 USD. This overnight trade yielded a gross profit of $2332 USD or gain of just over 10%. I continue to monitor today's list of Dry Up Stocks in case the system produces a trade signal for today.

- Spydertrader
 
2005-07-01, Friday - Update

This morning, I monitored one list of stocks (7 total equities): Those equities from our daily Hot List and from our Final Universe List finding themselves "In Dry Up."

Dry Up Stocks

CKCM DCAI IIG MFLX NFLX TASR UBET

Our system generated two possible trade signals from the list of seven Dry Up Stocks when actual volume exceeded calculated "Low Band" Dry Up Volume prior to 11:30 AM.

Dry Up Stocks Triggering Signal

CKCM DCAI

Dry Up Stocks NOT Triggering Signal

IIG MFLX NFLX TASR UBET

CKCM did not show price improvement ($22.30) at time of signal generation (10:41 AM). In addition, MACD Histogram showed a negative return (-.0672). Also, The Stochastic Indicator fell below desired levels (22.6831).

DCAI did not show price improvement ($21.10) at time of signal generation (11:01 AM). In addition, MACD Histogram showed a negative return (-.1184). Also, The Stochastic Indicator fell below desired levels (19.2903).

As a result, I took no action with respect to CKCM, or DCAI.

- Spydertrader
 
2005-07-01, Friday - Update

None of our list of Dry Up Stocks reached FRV Levels by EOD.

Enjoy the weekend everybody.

- Spydertrader

P.S. Happy Birthday USA!

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=780995>
 

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Quote from Spydertrader:

As a result, I sold all 2000 shares of EZPW receiving a fill price of $11.36 USD for a per share gain of $1.06 USD. This overnight trade yielded a gross profit of $2120 USD

- Spydertrader
 
2005-07-05, Tuesday - Lists

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

Hot List

FORD MCRI

Dry Up Stocks

DCAI ENER IIG MCRI MFLX TASR TRGL UBET

Hot List Stocks Scores

FORD - 7
MCRI - 0

Dry Up Stocks Scores

DCAI - 0
ENER - 4
IIG - 2
MCRI - 0
MFLX - 0
TASR - 4
TRGL - 0
UBET - 7

Keep an Eye on These Stocks

MFLX (Attached)

The following Stocks have been ADDED to the Final Universe List as of 2005-06-16: ENER.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=781884>
 

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2005-07-05, Tuesday - Update

This morning, I monitored one list of stocks (8 total equities): Those equities from our daily Hot List and from our Final Universe List finding themselves "In Dry Up."

Dry Up Stocks

DCAI ENER IIG MCRI MFLX TASR TRGL UBET

Our system generated five possible trade signal from the list of eight Dry Up Stocks when actual volume exceeded calculated "Low Band" Dry Up Volume prior to 11:30 AM.

Dry Up Stocks Triggering Signal

TASR TRGL UBET ENER DCAI

Dry Up Stocks NOT Triggering Signal

IIG MCRI MFLX

TASR did not show price improvement ($9.72) at time of signal generation (9:57 AM). In addition, MACD Histogram showed a negative return (-.0765). Also, The Stochastic Indicator fell below desired levels (28.3801).

As a result, I took no action with respect to TASR.

TRGL DID show price improvement ($24.89) at time of signal generation (9:58 AM). In addition, MACD Histogram showed a positive return (+.1642). Also, The Stochastic Indicator fell above desired levels (97.2323).

UBET DID show price improvement ($5.31) at time of signal generation (10:51 AM). In addition, MACD Histogram showed a positive return (+.0095). Also, The Stochastic Indicator fell above desired levels (90.0000).

DCAI DID show price improvement ($5.31) at time of signal generation (10:51 AM). In addition, MACD Histogram showed a positive return (+.0095). Also, The Stochastic Indicator fell above desired levels (90.0000).

ENER DID show price improvement ($23.05) at time of signal generation (10:54 AM). In addition, MACD Histogram showed a positive return (+.0895). Also, The Stochastic Indicator fell above desired levels (94.9367).

I wasn't paying attention and missed the signal for ENER at first, but entered on the pullback ($23.00).

The trade particulars are as follows:

TRGL

Time: 9:59 AM
Price: $24.89
MACD: +.1642
Stoch: 97.2323
Score: 0
FRV: 215,422 shares
Peak: 430,844 shares

07/05/05 9:59 AM 24.89 24.88 24.89 1000

UBET

Time: 10:51
Price: $5.31
MACD: +.0095
Stoch: 90.0000
Score: 7
FRV: 390,322 shares
Peak: 780,643 shares

07/05/05 10:51 AM 5.31 5.29 5.30 1300

ENER

Time: 11:08
Price: $23.00
MACD: +.0895
Stoch: 94.967
Score: 4
FRV: 690,047 shares
Peak: 1,380,094 shares

07/05/05 11.08 AM 23.00 22.98 23.00 1000

DCAI

Time: 11:02
Price: $22.15
MACD: +.1317
Stoch: 87.3494
Score: 0
FRV: 287,566 shares
Peak: 575,131 shares

07/05/05 11:14 AM 22.15 22.13 22.15 1000

- Spydertrader
 
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