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