What is "Jack Hershey's Method"?

[Thunderdog]

Quote from TudorJones:

making things SIMPLE is a very complicated process. That's all I can disclose on this matter.

Indeed. And up is down.

(Oh, the profundity!)

 

[Anunakki]

Quote from AussieBBQ:

Amusing to see all these Hershey apologists

But all they would really have to do to shut us up is call some live trades

So far we have 2 from JimmyJam last week, 1 loser and a B/E before he gave up

And Jack's 24% losing streak in a trading contest

Less talk... more proof

not taking either side here when I say this but its easy enough to test Jacks method yourself.

Theres a list of the stocks on their watchlist. It gives the dryup volume and the breakout volume so you can just check yourself if it works.

Doesnt take much time.

http://networknt.com/wiki/index.php?title=Final_Universe

 

[Anunakki]

Quote from AussieBBQ:

Why don't you test his claim of 3 times the daily range without ever having a losing trade

You get back to me on that one ok

i dont follow it closely enough to know about those claims.

I spent some time learning it and now I selectively use it ( whic obviously goes against their 'rules')

The trends lines of FTT as they call it..are standard TA procedure..nothing new there.

The volume dryup and breakoput volume are really good indicators that I had never seen elsewhere.

Syick it in your bag of tricks along with Stoch/Macd.etc

thats what I do

 

[AussieBBBQ]

You're so fricking lazy. Either do due dilignece on YOUR OWN of STFU. Stop whining day after day. Do you even trade? I'm starting to think no is the answer.

Quote from Thunderdog:

Then why does it require days of reading and months of study?

 

[trader225]

Quote from Anunakki:

yes poor choice of words.. but your response is indicitive of why some people make fun of Jack and his methods.

Act like an adult and dont get caught up in semantics

Are you denying the importance of semantics when Jack has posted thousands of times here?
Jack is into semantics.

 

[virgin]

Thousands of posts on message boards, if he was any serious he would have a website , looks like 3 times daily range is not enough to buy a website

 

[Anunakki]

Quote from trader225:

Are you denying the importance of semantics when Jack has posted thousands of times here?
Jack is into semantics.

Yes I am denying the importance of semantics when it comes to a incorrect choice of words.

I understand how the Hershey method works..I ackknowledge it works. I understand it is not predictive .

I used the word predictive..shoot me.

As for Jack being into semantics.. I have a lot fo respect for Jack and his methods. I think hes quite smart. I also think he lkes to be difficult just to be difficult.

Im proud to not be a mindless Hershey zombie but simply a trader who appreciates good indicators like jacks

 

[AussieBBBQ]

You're impersonating me, I signed up first. You've just posted more.

Quote from AussieBBQ:

Oh look it's my little shadow, the SCT lads are so pathetic they need to impersonate... must have a lot of time on their hands

 

[trader225]

Quote from virgin:

Thousands of posts on message boards, if he was any serious he would have a website , looks like 3 times daily range is not enough to buy a website

He has a free website but hasn't maintained it. Lack of interest? Not enough dough to market it?
http://hersheyuniverse.blogspot.com/

 

[Thunderdog]

Quote from AussieBBBQ:

You're so fricking lazy. Either do due dilignece on YOUR OWN of STFU. Stop whining day after day. Do you even trade? I'm starting to think no is the answer.

I do not need to do any due diligence on Jack's method to know that I will not make 3 times the daily range, 4-7% daily on my account equity, and all the while with no losses. Similarly, I do not need to do any due diligence on a 4-volume instructional program on how to turn shit into gold. No doubt, you are already on volume 2.