Spydertrader's Jack Hershey Equities Journal

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Quote from baum:

Thank you very much for your great journal. I am a WL-user too and I like your combination of fundamental data and technical analysis. I have not finished reading your journal and your links to the other stuff. Is your second posting still up to date or have you choosen some improvements which I have not seen yet?
Is it possible to use the yahoo- or msn-scanner instead of stocktables.com?
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Thank you for your kind words with respect to the journal. I'm glad you find the information here useful.

As you progress through the Journal, you'll notice a few changes to the methodology compared to the second post. The changes allow for earlier entry into a stock, and also save time during the culling process. If you use Wealth-Lab Developer (or Wealth-lab Pro) I have uploaded several .ws files for use with WLD. Others have uploaded their criteria for using the MSN Stock Screener to obtain a list of Hershey Stocks. IBD.com and Stocktables.com both use RS and EPS rank which makes the culling process easier. However, any method of obtaining high quality stocks which cycle should also work for you.

Hope that helps.

- Spydertrader
 
Quote from gooch87:

What is a "streaker" ?
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Sorry for not being clearer. By streaker, I mean a stock with volume moving up very fast. So fast that if I set alert at the Lower Band volume, I miss the entry.

I want to catch move before it passes the volume level for entry.

I watch it as it approaches Lower band volume level.
 
Quote from Spydertrader:

Hello kriggins and welcome to the journal. I appreciate you posting the above 'work around' for Quotetracker. Thanks again for sharing your efforts.

- Spydertrader
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SpyderTrader,

Thank you for the welcome. I have been studying this journal for a month or two and started real-time trading with it a couple weeks ago. I have been very happy with my results so far and look forward to the continuing evolution of the system.

For people who like to muck about with perl, I am developing a perl script that will eventually take a list of stocks and cull the list for the volume and float characteristics we are looking for, determine if they satisfy the characteristics defined for 20% gains, calculate dryup values and finally output a list of stocks in DryUP and several values associated with entry characteristics I have read about on this journal.

That is the ambition. Currently it takes a culled list of stocks and calculates whether they are in dry up and prints out the output I referenced above.

If anybody is interested in the code, let me know and I will post it to the journal after I have cleaned it up a bit.

Kevin
 
Quote from kriggins:

If anybody is interested in the code, let me know and I will post it to the journal after I have cleaned it up a bit.
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Good to see you have experienced success trading these methods, and I appreciate you sharing your experiences with everyone else who reads the posts here. Keep up the great work.

Thanks also for offering to post the results of your efforts. I have no doubt many will find the code useful.

- Spydertrader
 
2005-09-12, Monday - Update

SNHY from our list of Dry Up Stocks reached FRV levels by EOD. Interestingly, SNHY also reached Peak Volume levels by EOD.

Again, Congrats to those of you who traded SNHY today. SNHY finished up +$2.57 since signal for a gain of 12.5% on the day.

I continue to hold 1000 shares of IRIS from the $18.02 price point and plan to do so at least until Tuesday morning.

- Spydertrader
 
Greetings Kriggins & Spydertrader

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Quote from kriggins:

If anybody is interested in the code, let me know and I will post it to the journal after I have cleaned it up a bit.
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Thanks also for offering to post the results of your efforts.

As you might guess, I would find the code useful since I maintain several extensive lists of trading stocks. Look forward to your posting it & thanks in advance for doing so.

NOTE: My lists are available upon request with the caveat that they are NOT recommendations and subject to change which I cannot promise to update real-time. .

- cowpok1027
 
Many individuals have shared their thoughts, insights, observations and efforts by contributing to this Journal. I continue to encourage participation by any and all with an interest. Everyone should feel free to post their experiences, watch lists, methods, or anything else which might assist the collaborative iterative refinement process. My thanks to those that have contributed in the past, and I look forward to those who plan to contribute in the future.

- Spydertrader
 
FYI - Tommorrow's edition of IBD will have this screen which makes a good watchlist -- NOTE that DPTR is listed.

Regards, cowpok1027

IBD Screen 9-13-05 Up/Down Volume Leaders
These stocks have the highest up/down volume ratio, which indicates buying volume has exceeded selling volume in recent months. Stocks shown have an EPS Rating and RS Rating of at least 80 plus an Acc/Dis Rating of at least B-.

Up/Down RS
Symbol Company Name Volume Rating
ALJ Alon Usa Energy Inc 4.4 96
ADSK Autodesk Inc 2.5 90
ANR Alpha Natural Resources 2.2 87
ANSI Advanced Neuromodulation 2.2 93
AAPL Apple Computer Inc 2.1 96
CEDC Central European Dist Cp 1.9 91
AMGN Amgen Inc 1.8 89
CAT Caterpillar Inc 1.7 83
AMED Amedisys Inc 1.7 86
ASFI Asta Funding Inc 1.7 89
CIB Bancolombia Sa Ads 1.7 96
BVN Buenaventura Comp Ads 1.6 84
BBD Banco Bradesco Sa Adr 1.6 97
AMX America Movil Sa Adr L 1.6 92
BHS Brookfield Homes Corp 1.5 93
BRY Berry Petroleum Co Cl A 1.5 89
BRG B G Group Plc Ads 1.5 85
CNXS C N S Inc 1.5 98
WTR Aqua America Inc 1.5 92
BHP B H P Billiton Ltd Adr 1.4 85
BR Burlington Resources 1.4 95
CPTV Captiva Software Corp 1.4 97
BMHC Building Materials Hldg 1.4 98
APC Anadarko Petroleum Corp 1.4 86
CBG C B Richard Ellis Group 1.3 94
CDIS Cal Dive International 1.3 91
AVL Aviall Inc 1.3 84
AMHC American Healthways Inc 1.3 87
ANSS Ansys Inc 1.3 82
AACC Asset Acceptance Capital 1.3 92
AIT Applied Industrial Tech 1.3 84
BHI Baker Hughes Inc 1.2 85
BBY Best Buy Co Inc 1.2 86
ITU Banco Itau Hldg Sa Adr 1.2 94
BDE Bois D'Arc Energy Llc 1.2 83
AMTD Ameritrade Hldg Corp 1.2 95
CRR Carbo Ceramics Inc 1.1 80
APA Apache Corp 1.1 83
CRI Carters Inc 1.1 95
ACL Alcon Inc 1.1 89
 
To create the following lists of stocks, I used 90 RS and 80 EPS. Using 90 RS and 90 EPS resulted in an initial stocktables.com sort of too few equities.

2005-09-13, Tuesday - Lists

Hershey Wealth-Lab Chartscript Culling Methodology
Hershey Equities Rank V 3.0.0 / Qcharts Culling / Stocktables.com Sort

Hot List

DPTR ELOS FORD HANS IRIS LUFK NETL SNHY VPHM

Dry Up Stocks

CKCM CMT DCAI FORD HANS IIG IRIS JMDT MFLX VPHM

Hot List Stocks Scores

DPTR - 7
ELOS - 1
FORD - 4
HANS - 0
IRIS - 1
LUFK - 0
NETL - 0
SNHY - 7
VPHM - 0

Dry Up Stocks Scores

CKCM - 2
CMT - 0
DCAI - 7
FORD - 4
HANS - 0
IIG - 0
IRIS - 1
JMDT - 0
MFLX - 0
VDSI - 0

Keep an Eye on These Stocks

LUFK (Attached)

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=840228>
 

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