2005-07-11, Monday - Update
This morning, I monitored one list of stocks (5 total equities): Those equities from our daily Hot List and from our Final Universe List finding themselves "In Dry Up."
Dry Up Stocks
DCAI FORD JMDT JUPM TASR
Our system generated four possible trade signals from the list of five Dry Up Stocks when actual volume exceeded calculated "Low Band" Dry Up Volume prior to 11:30 AM.
Dry Up Stocks Triggering Signal
EZPW JUPM FORD VDSI
Dry Up Stocks NOT Triggering Signal
TASR
EZPW DID show price improvement ($11.64) at time of signal generation (10:04 AM). In addition, MACD Histogram showed a positive return (+.0186). However, The Stochastic Indicator fell below desired levels (71.4388). As a result, I took no action with respect to trading EZPW.
JUPM DID show price improvement ($19.57) at time of signal generation (10:04 AM). In addition, MACD Histogram showed a positive return (+.1128). In addition, The Stochastic Indicator fell above desired levels (82.0934). As a result, I entered into a long position with 1000 shares of JUPM.
FORD DID show price improvement ($20.07) at time of signal generation (10:10 AM). In addition, MACD Histogram showed a positive return (+.4901). Also, The Stochastic Indicator fell above desired levels (95.2377). As a result, I entered into a long position with 1000 shares of FORD.
VDSI DID show price improvement ($10.24) at time of signal generation (11:05 AM). In addition, MACD Histogram showed a positive return (+.0079). Also, The Stochastic Indicator fell below desired levels (53.3718). As a result, I took no action with respect to trading VDSI.
I continue to hold all shares of MFLX.
The trade particulars are as follows:
JUPM
Time: 10:05 AM
Price: $19.59
MACD: +.1128
Stoch: 82.0934
Score: 5
FRV: 608,639 shares
Peak: 1,217,279 shares
07/11/05 10:05 AM 19.59 19.56 19.59 1000
FORD
Time: 10:10 AM
Price: $20.08
MACD: +.4901
Stoch: 95.2377
Score: 4
FRV: 1,107,091 shares
Peak: 2,214,181 shares
07/11/05 10:10 AM 20.08 20.06 20.08 1000
- Spydertrader