Spydertrader's Jack Hershey Equities Journal

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2005-09-30, Friday - Midday Update

This morning, I monitored one list of stocks (9 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 CTHR ELOS FORD IRIS RATE SNHY VDSI

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

Dry Up Stocks Triggering Signal

RATE CTHR CMT

Dry Up Stocks NOT Triggering Signal

CKCM ELOS FORD IRIS SNHY VDSI

RATE did not show price improvement ($26.99) at time of signal generation (10:25 AM). In addition, MACD Histogram showed a negative return (-.0992). Also, The Stochastic Indicator fell below desired levels (45.74). As a result, I took no action with respect to trading RATE.

CTHR did show price improvement ($24.67) at time of signal generation (11:06 AM). In addition, MACD Histogram showed a positive return (+.0127). Also, The Stochastic Indicator fell above desired levels (97.01). As a result, I entered into a long position with CTHR receiving a fill price of $24.69 USD on 1000 shares.

CMT did show price improvement ($5.69) at time of signal generation (11:29 AM). However, MACD Histogram showed a negative return (-.0003). In addition, The Stochastic Indicator fell above desired levels (96.09). As a result, I took no action with respect to trading CMT.

- Spydertrader
 
2005-09-30, Friday - EOD Update

None of our Dry Up Stocks reached FRV levels by EOD. As a result, I sold all (1000) shares of CTHR receiving an average fill price of $25.01 USD on 1000 shares. This intraday trade yielded a gross profit of $320 USD or a gain of 1.3% on 1000 shares.

I continue to hold all (1000) shares of VPHM.

- Spydertrader
 
Final Universe Update

The following stocks have been DELETED from the Final Universe List as of 2005-09-30 for Failure to Maintain Rank:

ELOS HANS ITRI MCRI MFLX NETL RADS SOLD.

- Spydertrader
 
Final Universe Update

Current Final Universe List as of today:

CKCM CMT CTHR DCAI DPTR ENER FORD GMXR IIG IRIS JMDT LUFK NFLX
NGAS NGPS RATE RTSX SNHY STV TRGL VDSI VIVO VPHM


- 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.

2005-10-03, Monday - Lists

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

Hot List

DPTR FORD GMXR LUFK VIVO VPHM

Dry Up Stocks

CKCM CMT FORD IRIS JMDT LUFK SNHY

Hot List Stocks Scores

DPTR - 0
FORD - 5
GMXR - 0
LUFK - 5
VIVO - 6
VPHM - 0

Dry Up Stocks Scores

CKCM - 2
CMT - 5
FORD - 5
IRIS - 0
JMDT - 0
LUFK - 5
SNHY - 0

Keep an Eye on These Stocks

CKCM (Attached)

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=857218>
 

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