Spydertrader's Jack Hershey Equities Trading Journal III

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Quote from Aurum:

I'm out of GRRF now.

Decreasing price, increasing volume, and more large prints to the sell side than I cared to see.

Johnpinochet - would you care to share some of the patterns from the 5 minute you came across?

-Au
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I think I discussed this briefly in an earlier post.

1) Maintain a list of all stocks you've accumulated from stocktables.com. Maintain a list of all final universe stocks. Add the list together, culling the list as you see fit, but in my case I simply kept everything in there.

2) Utilizing any of the simple indicators discussed here, perform an optimization on any of them across all charts.

3) Look at the resulting buy and sell signals. If you are able, look at the buy and sell signals by which were in the universe and which were not. Look according to which were in DU etc etc.

If you have done the above correctly, all of a sudden certain stocks will pop out as exhibiting definite tradeable patterns based on any of the simple indicators mentioned in this thread.

That is it. The difference is night and day.

HWCC yesterday, and actually over many days is a fine example. GROW is another. ANGN was for awhile. OMTR for awhile.

The above isn't a holy grail. You still have to do everything that is in the Hershey method. The above was an attempt for me to see visually, just what it is that is going on within the 5 min time frame with the stocks that we are confining ourselves to.
 
currently earning 8.1% on XING.... still holding eventhough it reached peak volume becasue this little dryup stock has transformed into a rocket. :D
 
I sold XING this morning at 19.25 for a 7.72% profit. Hitting the top of a channel I drew on 2/13 prompted the sale.

Can anyone point me to info on the Bruno R stuff you guys are talking about. I did a search but it's hard to find the beginning of the discussion or a good concise explanation of it.

Thanks!

xing0216-1.gif
 
Quote from chiefraven:

currently earning 8.1% on XING.... still holding eventhough it reached peak volume becasue this little dryup stock has transformed into a rocket. :D
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I have peak vol on xing @ 2.4 million.

it hasn't come close to that yet

though it is bouncing of the LTL i have drawn @ 19.40, hope it can punch through with a volatility expansion

BTW, entered tuesday @ 17.29 as it was riding RTL

:)
:)
 
Hmmm I thought this method required the stock be in the upper 30% of EPS?

I looked up xing out of curiosity on yahoo finance and there is no EPS Actual data.

Only estimates.

What gives? Is the data missing? Or are you playing this one loosely?
 
Quote from traderdragon2:

Hmmm I thought this method required the stock be in the upper 30% of EPS?

I looked up xing out of curiosity on yahoo finance and there is no EPS Actual data.

Only estimates.

What gives? Is the data missing? Or are you playing this one loosely?
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This question has been addressed many many times throughout the first two journals.

I suggest you start there.
 
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