Spydertrader's Jack Hershey Equities Journal

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Quote from Reno:

You list ELOS and LUFK as triggering signals today but they do not make the dry up list. Do you have other criteria for watching and trading these (ELOS) today?

I apologize for not including the stocks in my original posts. I've spent the last 4 days (and nights) migrating files from my old system onto my brand new computer station. It appears I failed to correctly copy the information while running different parts of the process across both machines. I appreciate your alert of the error. I should have all programs / files migrated by this evening, and hopefully, we won't have a repeat of this error in the future.

- Spydertrader
 
2005-09-26, Monday - EOD Update

Only IIG out of our list of Dry Up Stocks reached FRV levels by EOD.

As a result, I sold all shares (1000) of ELOS at the $36.68 price point. This intraday trade yielded a gross profit of +$300 USD or a gain of just under 1% on 1000 shares.

I also sold all shares (1000) of CKCM at the $19.08 price point. This intraday trade yielded a gross profit of +$190 USD or a gain of just over 1% on 1000 shares.

- Spydertrader
 
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.

2005-09-27, Tuesday - Lists

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

Hot List

DPTR FORD HANS IRIS LUFK SNHY VIVO VPHM

Dry Up Stocks

CKCM CMT ELOS IRIS NGPS SNHY

Hot List Stocks Scores

DPTR - 7
FORD - 6
HANS - 7
IRIS - 0
LUFK - 7
SNHY - 7
VIVO - 7
VPHM - 7

Dry Up Stocks Scores

CKCM - 7
CMT - 0
ELOS - 5
IRIS - 7
NGPS - 2
SNHY - 7

Keep an Eye on These Stocks

CTHR (Attached)

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=852333>
 

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Spyder

Why did you sell CKCM at 19.08?

I sold at 19.48 - top of day based on resistance. Not gloating - just wondering what made you sell at 19.08?
 
Quote from nzbryant:

Why did you sell CKCM at 19.08?

Congratulations on a very nice trade. I had marked resistance on this stock a bit higher up, and therefore viewed the price retracement as a temporary pullback. Unfortunately, my analysis proved incorrect, and CKCM never had another run up in price. These things happen from time to time.

Keep up the great work.

- Spydertrader
 
2005-09-27, Tuesday - Midday Update

This morning, I monitored one list of stocks (6 total equities): Those equities from our daily Hot List and from our Final Universe List finding themselves "In Dry Up."

Dry Up Stocks

CKCM CMT ELOS IRIS NGPS SNHY

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

Dry Up Stocks Triggering Signal

CKCM NGPS

Dry Up Stocks NOT Triggering Signal

CMT ELOS IRIS SNHY

CKCM did not show price improvement ($18.57) at time of signal generation (11:21 AM). In addition, MACD Histogram showed a negative return (-.1134). also, The Stochastic Indicator fell below desired levels (6.20). As a result, I took no action with respect to trading CKCM.

NGPS did not show price improvement ($25.86) at time of signal generation (11:22 AM). In addition, MACD Histogram showed a negative return (-.3869). also, The Stochastic Indicator fell below desired levels (17.86). As a result, I took no action with respect to trading NGPS.

- Spydertrader
 
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.

2005-09-28, Wednesday - Lists

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

Hot List

DPTR FORD IRIS LUFK NGPS

Dry Up Stocks

CKCM CMT ELOS FORD IRIS JMDT RATE SNHY TRGL VDSI

Hot List Stocks Scores

DPTR - 2
FORD - 0
IRIS - 2
LUFK - 0
NGPS - 2

Dry Up Stocks Scores

CKCM - 0
CMT - 0
ELOS - 0
FORD - 0
IRIS - 2
JMDT - 4
RATE - 4
SNHY - 0
TRGL - 4
VDSI - 0

Keep an Eye on These Stocks

CKCM (Attached)

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=853362>
 

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