Runner's Rascals [Archive] - Mr. Market's Stock Picking Forum

IIC

12-02-2004, 11:10 PM

IIC, you the man. I was having a heck of a time with this. So I can just use trim link to post charts? I know my charts will not look nothing like Spikes, but I've been playing with this for some time now. Maybe Spike could give me some pointers?
No...Trimurl.com is for those long links that may not hyperlink correctly ...Different hosts have different requirements...e.g...Yahoo has a length maximum...some don't recognize the brackets [ ] used by Stockcharts.com

I put up your chart by copying the url...then I clicked the Image Icon above(looks like a mountain w/ moon or something like that to me) then I inserted your addy...the chart popped up. Now your chart is in .png which may not show up on some people's computers...I converted it to Quick Time...but don't ask me how I did it...I just followed the instructions that popped up on my computer when I tried to view the image before I posted it...IIC

MEA_1956

12-03-2004, 02:02 AM

BPA====With the size of the hammer they got HAMMERED with today there might be an upside, to swing from, here in a couple of days.
SCHN====Is also selling off the last couple of days, last couple of trades were on the upside, may have a large enought base to start the day out in an upward turn. ===> M.E.A.

Michaelk005

12-03-2004, 03:59 PM

Look at swinging DROOY from its close today at $1.59 should get 5%-7 out of it by mon.

DROOY sold for 6% profit... Right on the money.

Runner

12-03-2004, 05:34 PM

Michaelk005, awesome job on your 6%. I’m still holding OPWV with trail stop . Picked up a little CALM today.

Runner

12-03-2004, 07:00 PM

http://img23.exs.cx/img23/8711/ff-calm.jpg

CALM
If this thing does not bounce by blue line, I'll pull out quick.

MEA_1956

12-04-2004, 02:49 AM

Is there a thing such as swing ofter the close. MIDD closed .59 cents down for the day. After hours turned upwards and closed up .87 cents. Is there a new style of swing trading in the making or what. ===> M.E.A.

MEA_1956

12-05-2004, 01:47 AM

MESA ==== This is an old drum for me, that I like to beat. In the past year there has always been a turn off for the airline sector becuse of the fuel problem. With oil dropping as of late this just might be the correcty trime to play this sector for all it's worth. And here are a few of the finer POINTS.

#1 RSI === There is a brake out above the mid line as of late which may play in our favor.

#2 VOL === Out of the last 10 days of trading the vol. is picking up nicely and making a move to peak above the 200 Day M.A. leaving the 50 Day M.A. in the dust.

#3 Chart === If I had the knowledge to transfer one of the famouse StockCharts to this site I do beleive I would pick up some followers and we all would make enought to buy candy and nuts for Christmas.

#4 B BAnds === Topped the bands stalled and started to rise again, is this a good sighn or what. This just might have some nice action to play with this up coming week.

#5 Stops === Tho I prefer not to use them myself, I would suggest to apply them on this adventure, for I do feel there is a large gamble to be played in this sector do to the worlds activities. Somewhere around the $6.50 area.

#6 Gifts === At this time of the year the Market loves to give out a gift or two just to show that it is forgiving and to thank you for partisapating in this years roolll oooffff ttthhhheee DICE.

As you all have gussed by now I have copied this info. but there is still some truth to it so roll the dice and we shall talk about it after the new year is upon us. For at that time I do feel we all will be rather happy.===> M.E.A.

ps #6 is just a line of B.S.

Runner

12-05-2004, 10:49 AM

http://img72.exs.cx/img72/6650/u2oairline.jpg

I can see where one might have played the bottom off 39.95. Notice the nice spike-low off that bottom. I have not been following the Airline industry, but as you mentioned they are excited that fuel costs are dropping. MEA list the individual stocks of interest with-in this sector.
Looking at this little chart next week could prove to be important. Notice the blue lines on the chart.

Runner

12-05-2004, 10:59 AM

http://img72.exs.cx/img72/3866/u7sal.jpg
Notice intraday action around the 1st of Dec.

Runner

12-05-2004, 11:07 AM

http://img72.exs.cx/img72/7868/s2mtop10.jpg

Notice how tech. Has been performing nicely last week.

Runner

12-05-2004, 11:47 AM

I have not looked into these yet.
AIRT, CLDN,EAGL,FDX,FLYR,KHK,PACR,HUBG,

ALK,HA,LFL,LUV,MAIR,MESA,PNCL,WLDA,

Runner

12-05-2004, 12:06 PM

http://img98.exs.cx/img98/9641/g6rair.jpg

Websman

12-05-2004, 09:14 PM

My favorite Airline stock is Airtran. (AAI) They've been kicking butt the past few years and have great ticket prices.

Runner

12-05-2004, 10:26 PM

http://img68.exs.cx/img68/4810/z3nborl.png

Possible swing above 12.00

News: http://news.moneycentral.msn.com/ticker/rcnews.asp?Symbol=borl

Runner

12-05-2004, 10:40 PM

Hello Websman, AAI has had a pretty good run from 9.00 range thanks for bring it up.

Runner

12-06-2004, 03:05 PM

Closed out CALM for a base hit, Picked up HDTV 8.00

Runner

12-06-2004, 03:15 PM

I may have closed out of CALM a little early. I was thinking it has stiff resistance around 13.00. That’s ok for my plan was for a base hit

Runner

12-06-2004, 10:58 PM

Readjusting target on OPWV from 14.75 to 15.08. I like to put stops in after first 30 minutes. Stop @ 13.70.

Looking @ HUGO,BORL,XXIA,

dmk112

12-06-2004, 11:11 PM

what do you think of AMXC?

Runner

12-06-2004, 11:17 PM

Nice B/O today but I will not chase it. I would wait for it to pull back, but an aggressive investor might enter tomorrow if it clears today’s high. Off the 21.09 high it looks like it may have hit upper channel, same thing from the 16.15 low. I’m surely not an expert with channels, but that is my take.

dmk112

12-06-2004, 11:31 PM

How do you recognize if it is a pullback or a failed breakout that will go to the floor?

IIC

12-07-2004, 12:52 AM

How do you recognize if it is a pullback or a failed breakout that will go to the floor?
I think of a pullback as being on low volume...IIC

MEA_1956

12-07-2004, 02:13 AM

MAX is on a run away these last couple of days. might be a little more left, hard to say. ===> M.E.A.

Runner

12-07-2004, 07:47 AM

I think I’ll pass on MAX, I like a little more volume. It needs to take out 5.94. I also think rsi is in overbought territory, but who knows it may run a little further right?

tokyojoeskid

12-07-2004, 02:09 PM

Runner check out IIG, Spike thought this one was out of gas around 11-12, week later its up to 14. Volume is strong and so is this move upward. Ive liked this stock for a while now just haven't found my perfect entry yet
Tjk

Runner

12-07-2004, 02:11 PM

http://img123.exs.cx/img123/8076/w4qnas.jpg
Possible head and shoulder on NAS

Runner

12-07-2004, 02:16 PM

Locked in profit moved to cash

Runner

12-07-2004, 02:25 PM

IIG seems to have had a nice week. I see 11.22 as best time to buy. I also see a channel turn up on 2 DEC with possible target of 14.36. The price by volume is not all that great. I personnel would not chase it.

Runner

12-07-2004, 04:18 PM

Short SIRI 9.40 Stop 9.58 will cover before close

Runner

12-07-2004, 04:21 PM

cover 9.25

Runner

12-07-2004, 04:24 PM

short 9.18

Runner

12-07-2004, 04:41 PM

Cover 8.96 thats it for today

Runner

12-07-2004, 05:10 PM

Wow that SIRI thing is crazy. I’d better leave it alone until a pattern forms. One needs to stay by screen on this one. Not too bad got .38 off it. Got scared and covered quickly.

Websman

12-07-2004, 05:28 PM

Wow that SIRI thing is crazy. I’d better leave it alone until a pattern forms. One needs to stay by screen on this one. Not too bad got .38 off it. Got scared and covered quickly.

You have guts, but you're good! Congratulations!

I made a killing long on SIRI today...

Thomrich

12-08-2004, 04:44 PM

Greetings ,
Since Spike is MIA,and I hope OK,was wondering if you could look at DHB.

Appears to me to be a lower channel touch today at 16.40,I picked up 1k at 17.05 as they were snagged in a hurry down below 17.

Looking for a target of 23 if touch is valid,your thoughts?

cordially Tom

BTW stop at 16.40,lod and previous gap.

Runner

12-08-2004, 06:33 PM

Thomrich, I will only tell you what I would have done. I don’t want anyone to think I would tell him or her what to do. So use what you think my or may not help you. Giving advice is touchy because we all understand that in the market there are no guarantees.

When I was in the Infantry part of my skills was to navigate using a military map and compass. From time to time I would get miss orientated. We had a way to figure how to find where you stand on the ground by using a map, compass, and protractor. The technique in doings this was pretty simple. All one had to do is orientate the map to magnetic North. Then you would try to find 3 terrain features and use the compass to get the magnetic degrees from where you stood to that feature (hill-top, ridge, valley, man made object). To made a long story short, you would then use your protractor to drawl 3 lines and where those 3 lines intercepted at is where you where standing, with in a few hundred meters.

Well you probably say, “What the heck does this have to do with charts?” Well this is my theory and I’m still back testing this. I have never herd of this before and so let me try to explain.

I have reason to believe that when you have at least 2 confirmations of channel signals your probability of a good entry long day has increased. I can use DHB as an example. I think the father back in time the signal the more reliable, but just testing this right?

I put DHB into my screen last night and this is how I see it. I personally would have bought DHB off the bounce today. I see lower channel @ 16.06 I get 2 confirmation signals backing my theory. Maybe this sounds crazy to some, but this has worked for me and maybe my definition is a little out there in the woods. The price by volume is not that great and the market internal are lacking as well. The spike low showed me interest in this stock. I wish I could tell you this thing will hit 23.00, but I can’t. I wish I could tell you DHB will now base out in high 17-18’s, but I cant. I would have felt comfortable taking a small position in DHB today with a stop in place.

I hope this helps

http://img115.exs.cx/img115/8617/dhb2cz.png

Runner

12-09-2004, 08:01 AM

I don’t like the internals of the market right now. I’ve moved to cash and will proceed with caution. My time frames for holding anything will decrees or I might just wait for better conditions that favor the upside. SIRI took a beating and I missed the nice move yesterday. I would be cautious with new positions.

Websman

12-09-2004, 10:23 PM

Runner

12-10-2004, 05:56 PM

Runner

12-10-2004, 05:59 PM

Tomrich, looks like a nice little pop in DHB today.

Websman

12-10-2004, 06:43 PM

Thomrich

12-10-2004, 07:30 PM

Websman

12-10-2004, 07:54 PM

Greetings Runner,
I pulled out of DHB at 18.10, 1.05 over buy in, only 2 days in.

It looks like it will run some more,but something inside tells me to move on.CEO sold 3million shares last week,now wants a incentive option for 4 more million.That moneys got to come from somewhere.

Im moving on to SWIR next week if price allows me,and do somemore research on chart skills.Thanks for the input BTW.

cordially Tom

The CEO wants what???!!! Another 4 million???!!! What's with this Brooks guy? I may have to pull out also. What happened to that big contract they were suppose to get. I like DHB, but the CEO is a scumbag...in my opinion.

Runner

12-10-2004, 09:35 PM

Tom, awesome trade on DHB. That’s not bad for a few days work. I just ran my scans and SWIR is one that hit my screen. I have not looked into it yet. I have not looked into these yet but this is what pops up.

DPZ,GOAM,HXL,BORL,LYG,MIPS,SBAC, SWIR,SYMC,

Websman

12-10-2004, 09:41 PM

Runner

12-10-2004, 09:56 PM

DPZ seems to have been riding the 20dma rather nicely.

Runner

12-11-2004, 11:02 AM

This list shows stocks just around the RSI 50. Notice several have a slight hook-up.

IIC

12-11-2004, 11:28 AM

This list shows stocks just around the RSI 50. Notice several have a slight hook-up.
http://trimurl.com/R5
I get "Your login has expired due to inactivity" when I click your link. Do you subscribe to Stockcharts.com?

Runner

12-11-2004, 11:32 AM

I wonder what’s wrong with this? When I click the link it works. I am a member of stockcharts.com.

IIC

12-11-2004, 12:37 PM

I wonder what’s wrong with this? When I click the link it works. I am a member of stockcharts.com.
I don't know...maybe the link requires that you are logged into your account???

Anyway...on Mr. B I list stocks that go upwards through 50 on the RSI(14) on Friday. I also list one's that go up through 30 on Friday's. I use some other criteria in my scans so I don't necessarily have them all listed.

Thomrich

12-12-2004, 05:07 AM

The CEO wants what???!!! Another 4 million???!!! What's with this Brooks guy? I may have to pull out also. What happened to that big contract they were suppose to get. I like DHB, but the CEO is a scumbag...in my opinion.

Yeah Webs,he did the same thing last year,at this time,and the price got hammered.

The big contract is still looming,but I feel its already been priced in somewhat.Everyone knows theres an armor contract pending,its just a matter of how it sliced.If Yahoo BBS are all waiting for it,it cant be much of a pop.

If you check insider trading link

http://www.form4oracle.com/company?cik=0000899166&ticker=dhb

Youll see they sold mid 18s,I cant imagine why they would sell if they thought upside was worth the wait?

Im happy to have made about 4500.00 from this co. in 3 weeks,time to move to a more predictable chart IE SWIR,

cordially ,and holiday wishes to all my friends here,
Tom

Thomrich

12-12-2004, 05:21 AM

BTW if anyone knows the CFO Dawn marie ,shes worth 3mil.more this week,at only 34 years old,if shes single,Im available.

Damn how do these folks get these deals?

I dont suppose it would do any good to propose over an E-mail?

cordially Tom

Runner

12-13-2004, 11:00 PM

http://img38.exs.cx/img38/2535/blti9cr.png

IIC, I still can view the link. This was one that did the 50 RSI touch and go.

Runner

12-14-2004, 07:58 PM

BLTI-follow through today
DPZ- shows channel entry today.

Runner

12-15-2004, 04:08 PM

http://img148.exs.cx/img148/7500/swir6lg.png

Runner

12-15-2004, 08:45 PM

SYMC has been getting hammered rather nicely. Will it bounce up from here? Or will it drift on down?
http://img151.exs.cx/img151/5104/symc26tk.jpg

Runner

12-15-2004, 08:46 PM

http://img151.exs.cx/img151/7368/symc5xl.jpg

Jaws57

12-16-2004, 03:36 PM

http://img151.exs.cx/img151/7368/symc5xl.jpg

Is 25.38 a good buy point? Or should I be looking at the chart you posted right before. I have been following this stock off and on and I think this is a overreaction to the merger.
I dont know very much about the retracement theory.
Thanks

Jaws57

Runner

12-16-2004, 07:04 PM

Jaws, the downward pressure on SYMC has been very intense, notice the daily volume. The talking heads have been whipping it up for a few days now. I would like to see the selling pressure calm down a little. I have not seen a nice spike low candle yet. Notice the 200 dma it is possible to bounce off this moving average. I would be cautious on SYMC and look for possible consolidation or reversal pattern off the intraday chart. Maybe tomorrow will give a clearer picture on this stock. The price by volume does look pretty good around S1 and S2. My sentiment on this stock is to proceed with caution and I’d wait for a pattern to forum. Looking back on 3 year chart this stock appears to be in the 5th wave up so ABC correction might be coming.

http://img159.exs.cx/img159/7342/smyc9oz.jpg

Runner

12-16-2004, 09:04 PM

Low volatility watch list

AHS,AHR,T,BLT,BWLD,DAL,HGR,FLSH,FON,SRZ,
http://trimurl.com/S4

Thomrich

12-16-2004, 10:13 PM

I like BLTs chart,looks like a return to above 17.50 is "done biscuits"
Your opinion Runner?

cordially Tom

Thomrich

12-16-2004, 10:18 PM

BTW a 50% retrace on BLT was 16.00,which it touched last week,

My favorites now are officially BLT,HDWR,and FLIR

cordially TOm

Jaws57

12-18-2004, 01:30 AM

Thanks Runner,
I took a small posistion in it, mainly on my dad's hunches(he usually does pretty good). We will see what happens and keep a tight lid on it.

Jaws57

Runner

12-18-2004, 08:21 AM

Jaws57, best wishes with SYMC. I think long term you'll be fine. I think one of two things may happen. (1) it will base out for awhile or (2) it might spring up and run, but time will tell.

Runner

12-18-2004, 08:24 AM

Runner

12-18-2004, 08:27 AM

http://img158.exs.cx/img158/7494/dhb8ln.png

I’m keeping my eye on DHB. I would like to see a gap fill and bounce off the 50% line, but this may or may not happen. Any comments on this chart?

Runner

12-18-2004, 01:30 PM

APCS- could be a swing trade. Last 3 sessions it has been running pretty tight, notice the inside days.. I also have reason to believe that Friday some smart money was accumulating, based off volume. I wonder if news leaked out? This company will one way or another be impacted by the Nextel merger. I’m currently holding this stock from about a week ago. I have a short-term target of 13.00-13.50.

spikefader

12-18-2004, 05:37 PM

Runner check out IIG, Spike thought this one was out of gas around 11-12, week later its up to 14. Tjk errr, that's not exactly how I described it
http://www.mrmarketishuge.com/forum/showpost.php?p=9034&postcount=1470
I actually said the wedge was the play and the bias is bullish. You must be thinking of a different stock....

spikefader

12-18-2004, 05:44 PM

Hey Webs.. I’m not related to Spikefader, in fact I’m learning wonders from his posts. Well I may get the bonehead award of the day. Was looking at my screens and got stupid. I picked up APCS with a market order and got filled at 12.25. I bought into a nice pop and got caught holding the bag. I bet this has never happened to anybody here on this forum. I clicked the mouse thing and about 10 seconds passed before it executed. I’ll see what happens Monday my target is 13.00-13.50. lol you would lose that bet. Happened to me early on. I was using datek as my broker, bought with market order on a hugely volatile stock that I can't think of the name of - but anyway, datek delayed for 10 seconds by which time the stock had rocketed up and I got filled at the top to watch it fall back down immediately. Wasn't too ugly but it taught me a lesson about non direct access brokers and was the main reason I went to interactivebrokers.com. I got the bonehead of the day award that day :D
By the way, nice thread.

spikefader

12-18-2004, 05:48 PM

Greetings Runner,
I pulled out of DHB at 18.10, 1.05 over buy in, only 2 days in. Phew - and here I was thinkin you may have still been in that yoyo. I remember the pullback to 15 that had you worried and then later a mention you were targeting low 20s or sumfin. Actually moved real nice off that 15! And see that real nice bounce off gap support at 16.40!
Anyway, good trade.

Runner

12-18-2004, 11:18 PM

I’m attempting to define a scan to find double bottoms. I’ve got much tweaking to do but this is a start. Stocks that are close to a double bottom off daily 6-month chart. Some have already bounced. Most of these stocks appear pretty beat up.

AGIL,NDN,ADPT,ADVS,AGU,AAI,ABS,ALGN,AWF,ALVR,AMED, SIL,AFCO,
ATHR,GR,BJ,CAMP,CAMD,CYD,VNT,CR,DKS,EAGL,ELN,EEEI, ETH,EXM,HCP,
LTON,HBAN,LSCC,MVSN,**MAFB**,MDU,

** indicated one that caught my eye

Runner

12-18-2004, 11:24 PM

http://img138.exs.cx/img138/8155/mafb5fm.png

Channel off the top shows target of 42.57. We will see what happens next week.

Runner

12-18-2004, 11:42 PM

Spike what does your broker charge for a round trip? I know better then to enter with a market order, especially one that is moving a few million shares and is jumping all over the place.

spikefader

12-19-2004, 01:19 AM

Spike what does your broker charge for a round trip? I know better then to enter with a market order, especially one that is moving a few million shares and is jumping all over the place.A penny a share, and that's the retail price. Obviously cheap stocks are going to cost you more, but a great direct access broker and would recommend them. Once you've used direct access, you won't use retail broker like Ameritrade again. Options $1 a side too.
See here (http://www.interactivebrokers.com/php/generalAccount/commission.php).

Runner

12-19-2004, 10:51 AM

I pay 24.00 round trip, this is outrageous. I start a new position sitting in the hole. I can see where direct access is the way to go. Most of my positions only last a few days up to 4 weeks. I’m going to call your broker tomorrow.

Thank you Spike for this information.

Runner

12-21-2004, 02:32 PM

Looks as if SYMC got a little bounce off S-2
http://www.mrmarketishuge.com/forum/showpost.php?p=10455&postcount=75

Runner

12-21-2004, 08:33 PM

It appears that several of my double bottom stocks have bounced off key support areas. I’m going to track some of these this week to check results.

AGIL,*NDN*,ADPT,*ADVS*,*AGU*,*AAI*,*ABS*,ALGN,*AWF *,ALVR,AMED, SIL,AFCO,*ATHR*,GR,BJ,CAMP,CAMD,CYD,VNT,CR,*DKS*,* EAGL*,ELN,EEEI, ETH,EXM,*HCP*,*LTON*,*HBAN*,*LSCC*,*MVSN*,MAFB,**M DU**,

Thomrich

12-22-2004, 12:29 AM

Phew - and here I was thinkin you may have still been in that yoyo. I remember the pullback to 15 that had you worried and then later a mention you were targeting low 20s or sumfin. Actually moved real nice off that 15! And see that real nice bounce off gap support at 16.40!
Anyway, good trade.

Greetings,
actually this was the 3rd time in a month Ive traded DHB,originalll 15.90 to 18.90,bought more at 19.10 and sold that lot at 20.50,then this last trade.
Ill buy again if she gets to the 16s as Im learning patience from Spike.

BTW Im the biggest bonehead here,as I trade through Citibank,where I do my regular banking.24.00 per trade.I need to change brokers quick.

Although the 24 would apply up to 10000 shares,so if your buying cheap stuff it might be worth it.

cordially Tom

Thomrich

12-22-2004, 12:41 AM

Tom, I’ve seen Spikes write up on BLT and concur. It may be do for a pull back. Having looked into the story. I think BLT will do well into 05. I’m going to wait for a better set-up. I see a channel touch off the highs that may suggest a possible short entry.

Yes A 50 retrace off of novembers dip would be 16.
Its touched that recently,and bounced,would you consider that a decent buy?

Ive been doing alot of reading lately on sucessful stock trading,and its got me fearful of entries,as I realize the zerosum game.

Any good reads on an developing an edge,as I dont have one.

cordially Tom

Thomrich

12-22-2004, 01:03 AM

Greetings Runner,
Any comment on ZICA?
My employer has owned it since its dotcom days of 40ish,now pushing mid 5s from low of sub 2.

He doubled down at 2.00 and now makes 1600.00 off of every .10 swing up.As you can see he's having a nice Xmas.

It looks to me like a 8.00 is the next point of retrace,any thoughts?as I'd like to make a buck on the way.

cordially Tom

Runner

12-22-2004, 08:16 AM

Tom I rarely buy breakouts. ZICA does look pretty good and thanks for bringing it up. Nice volume the past few days. I would consider a pullback buy around 3.89. Not sure about a retrace around 8.00, I see ZICA sitting at 5.30. I personally would not chase it from this point.

Runner

12-22-2004, 09:32 AM

I prefer to buy pullbacks to key support areas this works even better when the support is a lower channel and a fib retrace. I’m trying to learn the waves as this may give one a map as to where the stock is sitting and possibly where it may be going. Another edge is what we pay for commissions. If I can get in at a lower cost this simply means more leverage on my behalf. I believe one huge edge is to have patience and the lack of this has cost me dearly in the past.

Tom- if you bot ZICA yesterday then looks as if your wish will come true at the open. I seen ZICA cross the screen over 1.00.

Runner

12-22-2004, 07:50 PM

These stocks have at least 3 inside days. Often this set up provides a good swing trade.

This kind of set up is played a little differently. One might look for an entry .10-.20 above yesterdays high with stop under yesterdays low. When playing this set up I normally sit out the first 30 minutes.

BNK BWLD CDL CMNT DEX GT HNT HTRN MCIP MMSI

OPWV SGTL TOY TPTH

Runner

12-22-2004, 08:05 PM

Many times you'll see a triangle pattern form within the inside days. This example shows a symmetrical triangle. This suggest a pop up or down may be coming. Also notice the volume drying up

http://img156.exs.cx/img156/8071/inside1zp.jpg

This chart was taken from BNK 1 month

Runner

12-22-2004, 09:07 PM

This chart of CKMC shows some examples of the inside days. Notice the 3-day pattern. Look over different charts and see if you can pick out this pattern. If the 3rd day price drifts to high or low I’ve noticed this will cause a false signal. I like to see the 3rd day being drawn in toward the center of the other 2. This may also allow one a low risk entry. The volatility of this 3-day pattern is low followed by high. Sometimes you will get stopped out because we all know nothing is for certain in the markets, but I think this pattern may prove to need more study.

http://img143.exs.cx/img143/2684/ckcm4fh.png

Websman

12-22-2004, 09:42 PM

Thanks for the lessons Runner. I'll have to keep an eye out for these patterns.

Runner

12-23-2004, 12:15 PM

Possible buy signals from inside day list on the following:

GT @ 14.75
HTRN @ 10.20
CMNT @ 6.68
MMSI @ 14.80

GT looks the best thus far

Runner

12-23-2004, 12:21 PM

Opwv @ 15.14

Runner

12-23-2004, 05:05 PM

Top 3 off last nights inside day list

HTRN 4.12%
CMNT 1.22%
MCIP 1.06%

Tight range TOY BNK OPWV TPTH CDL

Runner

12-23-2004, 06:01 PM

Initial list for Monday

Symbol Exchange Open High Low Close Volume
AAPL NASD 63.75 64.25 63.6 64.01 4385883
AC NYSE 41.33 41.39 41.03 41.11 170600
ACF NYSE 23.75 23.92 23.61 23.84 445900
AD NYSE 36 36.09 35.9 35.9 54100
AGP NYSE 75.59 75.73 75.2 75.27 118600
AGY NYSE 46.78 46.85 46.72 46.8 231500
ALV NYSE 47.45 47.52 47.01 47.33 201600
AMG NYSE 67.35 67.35 66.76 66.92 143300
ANSI NASD 38.86 39.08 38.7 38.96 92164
APPX NASD 37.85 38.45 37.53 38.26 453251
ARC NYSE 14.95 15 14.89 14.89 80000
ASCL NASD 15.8 15.95 15.78 15.82 318532
ATU NYSE 52.1 52.65 51.7 52.25 267800
BCR NYSE 64.4 64.58 64.15 64.26 280000
BDX NYSE 56.9 57.13 56.74 56.94 996800
BG NYSE 56.39 56.8 56.25 56.75 514200
BSC NYSE 102.98 103.55 102.57 102.79 832900
BWNG NASD 9 9.19 8.88 8.98 654944
BYD NYSE 41.17 41.47 41.01 41.22 307700
CCRN NASD 19.15 19.23 18.9 18.98 70716
CHD NYSE 32.8 32.87 32.72 32.77 122300
CMTL NASD 37.88 38.2 37.67 37.87 101323
CMVT NASD 24.37 24.47 24.07 24.11 928797
CNC NYSE 29.4 29.4 29.1 29.15 213800
CPRT NASD 25.85 26.25 25.85 26.21 167048
CRME NASD 7.15 7.385 7.15 7.3 110541
CRY NYSE 6.95 7 6.95 6.96 81600
CTIC NASD 8.39 8.4 8.18 8.26 801614
CVTX NASD 22.9 23.16 22.72 22.96 464622
CYCL NASD 7.14 7.22 7.11 7.2 53599
DSCO NASD 8.34 8.42 8.3 8.32 590737
EBAY NASD 113.45 113.8 112.93 113.35 4213138
EBKR NASD 12.03 12.09 12.02 12.05 16210
ELAB NASD 27.29 27.6 27.19 27.38 187784
EP NYSE 10.3 10.52 10.3 10.41 1784800
ESI NYSE 48.15 48.64 47.95 48.23 279500
FHR NYSE 34.15 34.35 33.97 34.11 249800
FPL NYSE 76.05 76.05 75.72 75.8 449200
GEG NYSE 9.78 9.78 9.69 9.73 134900
GLT NYSE 15.2 15.3 15.13 15.3 48600
GTK NYSE 26.57 26.84 26.37 26.53 634600
GYI NYSE 68.68 69.07 68.6 68.75 94600
HAIN NASD 20.25 20.36 20.08 20.25 100864
HLTH NASD 8.02 8.13 8.02 8.07 833791
HMB NYSE 9.9 9.95 9.87 9.88 68600
IACI NASD 27.22 27.5 26.98 27.21 3639114
IDC NYSE 21.8 21.87 21.75 21.84 51100
IMDC NASD 63.99 63.99 63.52 63.56 152881
IWM AMEX 129.15 129.7 129.07 129.18 3506600
IWOV NASD 10.65 10.65 10.41 10.57 158324
IWP AMEX 83.69 83.87 83.6 83.76 27000
KFX AMEX 15 15.09 14.98 14.99 247000
LFG NYSE 55.4 55.58 55.34 55.34 58300
LQI NYSE 9.05 9.1 8.97 9.1 362300
LUK NYSE 70.25 70.25 69.5 69.7 180200
MAR NYSE 63.15 63.39 63.05 63.24 909600
MCRS NASD 74.66 75.65 74.63 75.5 57741
MHL NYSE 18.42 18.5 18.38 18.48 40300
MMR NYSE 18.64 19.01 18.64 18.84 121200
MO NYSE 60.55 60.91 60.46 60.83 3800400
MON NYSE 54.17 54.99 54.13 54.74 1587500
MOND NASD 56.5 56.51 56.47 56.48 24006
NEOL NASD 12.95 12.95 12.69 12.92 98398
NUS NYSE 25.38 25.49 25.19 25.23 115800
NX NYSE 68.65 69.66 68.64 68.79 98300
ODFL NASD 34.88 35.57 34.64 34.8 51610
OS NYSE 20.5 20.8 20.43 20.65 376400
OSK NYSE 68.6 68.71 68.14 68.33 215400
PFG NYSE 40.4 40.69 40.28 40.51 391600
PHS NYSE 55.86 56.14 55.7 55.95 196400
PKTR NASD 14.62 14.81 14.61 14.67 257691
POSS NASD 13.09 13.09 12.8 12.95 124886
PRU NYSE 54.78 55.14 54.32 54.56 1495800
RTIX NASD 10.02 10.21 9.96 10.18 109096
RYAAY NASD 40.62 41.2 40.62 40.75 139076
SCH NYSE 12.02 12.1 11.95 11.95 3948600
SEBL NASD 9.83 9.9 9.75 9.75 3896907
SMDI NASD 6.49 6.6 6.38 6.57 199902
SMSI NASD 9.12 9.299 9.02 9.2 140747
SNS NYSE 19.97 19.99 19.78 19.83 29300
STT NYSE 48.28 48.67 48.25 48.44 716100
STZ NYSE 45.98 46.2 45.95 46.04 179100
TFX NYSE 51.77 52.08 51.71 51.89 446400
TKO AMEX 5.65 5.65 5.47 5.55 267600
TRID NASD 16.45 16.54 16.29 16.31 282154
TSN NYSE 17.61 17.83 17.5 17.68 548000
TU NYSE 28.05 28.3 27.97 28.3 22100
UNA NYSE 25.04 25.17 24.81 25.13 362100
UTHR NASD 45.27 45.29 44.73 44.94 176026
UTSI NASD 21.26 21.51 21.25 21.37 736405
VMSI NASD 64.08 65 63.82 64.82 115290
VRSN NASD 33.4 33.6 33.04 33.19 986013
VRX NYSE 26.6 26.75 26.48 26.54 194200
WG NYSE 21.52 21.6 21.29 21.55 138500
WON NYSE 26.53 26.56 26.35 26.39 406700
XLY AMEX 34.95 34.95 34.83 34.86 105100

Thomrich

12-23-2004, 07:47 PM

greetings Runner,
What type of software or service do you employ to find these type of stocks?

Spike had a write up with a link to a commodity trader who used inside days to signal big moves. just curious how a person could track them.

happy holidays
Tom

Runner

12-23-2004, 08:13 PM

Tom I had some help from a friend who wrote the code for me. I use stockcharts scanner. I think it is a nice tool because you can modify the code to suit what you want returned from the scan. Only negative I see that that no fundamental scans are available. I also think the subscription fee is not bad at all. If you have not looked at stockcharts.com I’d recommend them. I’ve only been with them for a few months and I’ve almost got the scanner where I want it. I need more tuning on my double bottom scan. I’m thinking of setting up one for flat bases from weekly chart.

I have not seen Spikes thread on inside days and I have not been able to get much info about it. I’ve noticed this set up on many charts prior to a break up or down. I think I mentioned this on a different thread, but notice the low volatility followed by high volatility on some charts. Hope this helps

Runner

Runner

12-23-2004, 08:23 PM

I also should mention looking over the charts is very simple. I can review hundreds of charts in no time. They have a candle glance mode that sets up a bunch of charts on one page. You can save the charts you want into a folder you create. This tool in is very helpful. I don’t have the live charts and was wondering if anyone uses the live chart service?

Runner

12-23-2004, 08:35 PM

http://img72.exs.cx/img72/8853/dex0mf.jpg

Notice the descending triangle on DEX. Today it gave a good conformation signal on this pattern.

Runner

12-24-2004, 12:07 PM

I’ve still got some serious fine tuning on my code for flat bases, but this is what returns these are written for weekly charts and not daily. Also on some you’ll notice a convergence of the 20 40 50 day moving average. Not a text book flat base, but this is as close as I can get it for now.

ALGN ANH BKMU CDE.TO CNP CHB IUSA LGF MGM OHI
PUMP FBC PRV AXA CBD TMO

Runner

12-24-2004, 03:51 PM

Concept is to locate stocks running with in a 5% range over n days this example is for 45 days. I can also lessen the percentage of the range. For now this is the return

Symbol Name Exchange Open High Low Close Volume
ABN/PE ABN Amro Capital NYSE 24.77 24.84 24.67 24.75 130500
ACG ACM Govt, Incm. Fund, Inc. NYSE 8.15 8.16 8.13 8.16 391900
AEN AMC Entertainment, Inc. AMEX 19.43 19.5 19.42 19.49 197700
AWF Alliance Wrld Dlr Govt II NYSE 12.3 12.35 12.27 12.29 84800
BDV BlackRock Dividend Achievers Trust NYSE 14.69 14.83 14.62 14.8 163200
BUD Anheuser Busch Cos, Inc. NYSE 50.65 50.98 50.58 50.81 1504000
CNJ Cole National Corp - Cl A NYSE 27.73 27.73 27.7 27.72 12800
DHY Dlj High Yield Bond Fund NYSE 5.22 5.22 5.17 5.19 310200
DPMI DuPont Photomasks, Inc. NASD 26.5 26.5 26.37 26.37 72844
DSU Debt Strategies Fund II I NYSE 7.04 7.04 7.01 7.03 215200
EFR Eaton Vance Senior Floating Rate Trust NYSE 19.85 19.94 19.66 19.73 127100
EFT Eaton Vance Floating Rate Income Trust NYSE 18.75 18.8 18.62 18.64 213200
HIX Salomon Bros High Inc Fund NYSE 12.18 12.2 12.11 12.13 90100
HYV Corporate High Yield Fund V Inc. NYSE 16.12 16.22 16.12 16.22 200100
IEF 7-10 Year Treasury Bond Fund (Leh) iShares AMEX 85.41 85.44 85.3 85.342 66400
KYN Kayne Anderson MLP Investment Co. NYSE 24.4 24.6 24.15 24.35 142400
LNR LNR Property Corp. NYSE 62.84 62.84 62.76 62.76 78000
LQD InvesTop Corporate Bond Fund (GS) iShares AMEX 112.13 112.21 111.88 112.2 49300
MBG Mandalay Resort Group NYSE 70.29 70.4 70.28 70.29 399500
MGM Metro Goldwyn Mayer, Inc. NYSE 11.86 11.87 11.85 11.87 80400
MIN MFS Intermediate Incm NYSE 6.39 6.46 6.39 6.42 342500
NUV Nuveen Muni Value Fd, Inc. NYSE 9.07 9.1 9.06 9.1 214600
PHK PIMCO High Income Fund NYSE 15.24 15.29 15.2 15.28 676500
PMT Putnam Master Income Tr NYSE 6.55 6.59 6.53 6.54 94100
SEM Select Medical Corp. NYSE 17.49 17.54 17.45 17.46 1027800
SHY 1-3 Year Treasury Bond Fund (Leh) iShares AMEX 81.63 81.63 81.54 81.55 417600
TLT 20+ Year Treasury Bond Fund (Leh) iShares AMEX 88.74 88.79 88.57 88.59 738600
ZTR Zweig Total Return Fund, Inc. NYSE 5.33 5.34 5.31 5.33 94400

Runner

12-24-2004, 04:01 PM

Same time frame but adjusted range channel from 5% down to 2%

LNR MGM SHY ZTR

Runner

12-24-2004, 04:19 PM

I feel like I’m now getting closer to stream lining this. My objective is almost complete. I may need to adjust the n days and check out the results. This has been on my mind for some time now. I have not even looked at the stocks that where returned.

If someone has some input on this please let me know.

thaX

billyjoe

12-24-2004, 04:58 PM

Runner,
LNR and MGM certainly are flat as a pancake. Do you know of anyone putting a % on flat bases for their tendency to eventually advance or decline?
billyjoe

Runner

12-24-2004, 06:16 PM

Billyjoe,
I don’t know the answer to your question. The reason I opted for percentage instead of price is because the percentage would yield to the broad spectrum of stocks moving with in the criteria. The stocks in return will be some I will keep on eye on. If they pop out of the base one might get a nice move.

If I’m seeing this right looks as if MGM has had one heck of a tight range the last five sessions, in fact only a few pennies up or down. It would need to take out 11.90 with some volume. Looks to have been running flat for about 14 weeks, but like always time will tell.
http://img158.exs.cx/img158/6886/mgm3zk.jpg

Runner

12-24-2004, 06:32 PM

News on MGM http://trimurl.com/SP

Runner

12-26-2004, 01:43 AM

This is my Monday’s list of inside days. Most are symmetrical triangles.

BCR BWNG ELAB GEG IWOV GLT TKO

Last weeks tight range
TOY BNK OPWV TPTH CDL

Runner

12-28-2004, 07:59 PM

Latest list focus is on BB Bands.
****SYXI****-low vol, Looks pretty good with Eleven Consecutive Quarters Of Revenue Growth

AHS
COHU
AMD
AMED
AIT
CMVT
CYTC
DNR
DCAI
ELNK
EAC
HLEX
IM
IMA
AMSG-low vol
CSAR-low vol

grebnet

12-29-2004, 07:43 AM

I have looked into this several times and the only reason I didnt buy is because of their statement in Nov. where they guided below estimates and flat growth compared to 2nd QTR.( of course that was $2/share ago)

New-born baby

12-29-2004, 11:03 AM

Runner,

Nice work! Keep up the good work for us.

And thanks.

Runner

12-29-2004, 02:03 PM

New-born baby, thank you for your kind words. I’ll try to contribute to the best I know how. I won’t put potential entry targets because I feel that is up to the individual trader. I hope to at lest offer some stocks that may be gearing up for a move.

Order got filled on SYXI @ 10.00 missed AMSG

Runner

12-29-2004, 03:16 PM

BWNG gets the prize today!!

http://img61.exs.cx/img61/9343/bwng5js.jpg

Runner

12-30-2004, 02:50 PM

Not a bad pop on AMSG

http://img28.exs.cx/img28/9315/amsg9ab.jpg

Websman

12-30-2004, 07:35 PM

Great thread you have here Runner! I like your analysis.

MGM looks flatter than a pancake. If this one breakouts, it should be a good one.

IIC

12-30-2004, 11:14 PM

Great thread you have here Runner! I like your analysis.

MGM looks flatter than a pancake. If this one breakouts, it should be a good one.
MGM is not going anywhere...I appreciate Runner's efforts here too...In fact, I have known him for a while from other places and he is a very good student of the market...especially from a technical perspective...But buyouts after the fact often create flat bases that will never take off again...IIC

Runner

12-31-2004, 08:50 AM

Webs, I agree with IIC’s take on MGM. I had my parameters to tight when performing that scan. I did notice this after posting the stocks mentioned. I’m not following MGM as it may be dead in the water right now, but anything that is placed in motion will change. I’ve decreased the days for my scan and adjusted the percent of the range. Some of my other scans have produced a pretty good return this week. I’ll update next weeks list this weekend. I have been seeing a trend-taking place with some of the lower volume stocks. Most of these are unknown to the street. Next Years winners are in the gates right now. I wish I had the foresight to have kept NGPS when it was trading under 100k shares. Talk about a winner… Maybe the key with the under 100k club is the forward earnings and or future growth?

MEA_1956

12-31-2004, 11:30 AM

POG === Is a stock that I"ve held for quit sometime now an is at 99% profit for me a the present time. It also is on the buy out block buy Noble. Reading the comments presented here on MGM, makes me want to go ahead and sell my position. I shall take the words of one of my leaders and put then into effect today. I shall not be a dick and wait for that last tick, even tho it well increase my string of good fortune of 100% gainers. ===> M.E.A.

Runner

12-31-2004, 11:57 AM

WOW now that is awesome my friend 99% gain. Regarding MGM I personally think any cash tied up in that stock might perform better somewhere else. I have seen buy outs that run flat for a good long time. I can’t remember any right now off the top of my head. I guess it boils down too your goals, entry point and if you think it may take off again. Keep in mind my time frame is from a swing traders perspective.

Runner

12-31-2004, 03:09 PM

TKO get the prize today!

http://img114.exs.cx/img114/5388/tko4do.png

Runner

12-31-2004, 07:23 PM

INSIDE DAY
LEND AV ET GOAM HEW INMD LI MRK TWMC

BB BAND
ABIX ACXM ARXX PCSA AHM ASN CEC CHKP CAAS CIG CMVT CPRT BOOM
ELNK GIVN HAFC HUM HTCH KFX LOJN MICC MOT FLSH MTSC IGN ORCH
PACT PETD PXP PHCC ZKQ RCI SIMG TSO TNB TRID VSEA WMB

I think I’ll just update my list once per week. Some of the candidates look pretty good

Runner

01-03-2005, 04:20 PM

Not a pretty day today. Only 1 b/o HAFC

http://img87.exs.cx/img87/4813/hafc9gt.png

Websman

01-03-2005, 04:28 PM

Not a pretty day today. Only 1 b/o HAFC

http://img87.exs.cx/img87/4813/hafc9gt.png

I'm glad I'm in cash today.

Runner

01-03-2005, 08:02 PM

The trend strength on the Nasdaq has been dropping for some time. Notice on your chart how the nas has still been climbing, this small chart tells me to be careful with taking on long positions!

http://img112.exs.cx/img112/659/adx5ed.png

Link for ADX http://stockcharts.com/education/IndicatorAnalysis/indic_ADX.html

Websman

01-03-2005, 08:27 PM

Runner

01-04-2005, 04:41 PM

Chart alert on the Nas looks as volume higher today then yesterday. Notice green line that is the 50dma!! Good day to be in cash or short, except for STEM

http://img24.exs.cx/img24/5237/nas0jw.png

Websman

01-04-2005, 05:30 PM

STEM is rocking! This one will go on my watchlist...

Runner

01-06-2005, 06:30 PM

Well sometimes it is best to just wait things out until the market gives a better direction. I’m wondering if we will now begin a whipping motion the next few weeks. Maybe we are entering into a day traders market? Holding overnight could prove painful for this week anyway. This correction will give us new opportunities and set up’s. So I do see a positive in the mist of the madness. Nothing is making sense to me right now and so on the sidelines for now. One of my short-term indicators the TRIN was pegged out over 3.0 the other day. Be careful during this first rally attempt!!

Websman

01-06-2005, 06:38 PM

I took a small position in AAI but am not risking much until things get straightened out. I'm mostly in cash.

yaoyao

01-06-2005, 06:45 PM

Excuse my ignorance. What does it mean when the TRIN was pegged out over 3.0? Thanks.

Runner

01-06-2005, 07:20 PM

Yaoyao, I View the TRIN as a barometer of the market. It is an acronym for Trading Index, the TRIN is also called the Arms Index. Mainly the TRIN is used by day traders but I use it as it gives me a gauge of how well the internals of the market look. It simply measures the volatility in the market. Low TRIN means the Bulls are in control. High trin means the Bears rule. If you want more info on this indicator this is the link.

Hope this helps

http://stockcharts.com/education/IndicatorAnalysis/indic_TRIN.html

http://www.investopedia.com/articles/trading/03/021203.asp

Runner

01-06-2005, 07:28 PM

This is a TRIN chart of the Nas. It shows me best set up for day trading may have occurred from about 11:00 until 12:30. Normally when the TRIN goes down the nas goes up.Look on your intraday chart and see how this time frame was positive for the Nas.

http://img115.exs.cx/img115/387/trin0es.png

Runner

01-06-2005, 07:48 PM

Hey Webs, AAI chart looks like a quad triple bottom. Maybe some buyers will step up to the plate and take it to your target.

Best Trading!!

Websman

01-06-2005, 07:57 PM

Hey Webs, AAI chart looks like a quad triple bottom. Maybe some buyers will step up to the plate and take it to your target.

Best Trading!!

If not, I'm out at $9.11. The plan is in place! I think Spike is starting to rub off on me.

Runner

01-06-2005, 08:26 PM

To some degree you have planned your fishing expedition. You checked the local marine forecast, you put gas in your boat, and you set up your route with your GPS so you can get to that special strike zone. You have a plan!! The same thing applies to the market. You have a plan with AAI and if it does not work out who cares? You stuck to your plan and worked your plan this is what counts. I think what counts is when you exit your plan. After all this is the make it or break it point.

I have had numerous stocks that bolt after I pull the plug and unload, but I’m happy with a little 3-5% hit. It was the plan and when your plan works you get fired up. But when your plan does not work and you take a small lose get fired up. I have found that after the plan is in motion sometimes sticking with it is harder then it looks. Mr. emotion will try to creep in and spread fear and doubt. That Rascal can take a flying leap, because I have a plan. Sometimes I’ll just shut the screen down and leave the room. I’ve even tried mental brainpower. It goes like this.. Come on big institutions buy up my stock now!!! I’ve yet to master that technique.

Why is it that 90% of the population will spend weeks planning for a vacation and yet spend 2 seconds planning their financial future? I’ll tell ya why because MR. Doubt and fear slips in and tells then they CAN’T accomplish this or that. The definition of FEAR is False-Evidence-Appearing-Real….

IIC

01-06-2005, 09:07 PM

Runner...there was a cool site called SnappyTrader.com that had R/T 1 min refreshed Tick/Trin charts for FREE...Apparently they went out of biz a couple of mos. ago...know any others besides Stockcharts? I subscribe to R/T Stockcharts, which I love...but many others don't. When I watch these Indicators(and others) I am more concerned with the current direction than I am with the level...THX...IIC

Websman

01-06-2005, 09:55 PM

Thanks for the great pep talk Runner! You're right, sticking to my plan has proved to be difficult in the past, but I am determined to make it this year. I have my plan with AAI, and I WILL stick to it. 5% is nothing and it gives me plenty of room to work with.
If I have to sell at $9.11, I'll move on to one of the other 8000 or so stocks out there.
Then, I'm going fishing!

Runner

01-06-2005, 11:07 PM

IIC, my screen updates Tic and TRIN every 5 sec, so that is not bad. I normally will pull up the chart like the one I posted. It is interesting how trin coincides with the nas. It does give an early warning when things start looking ugly.

Runner

01-06-2005, 11:12 PM

I forgot to tell you Medved has free tic and trin with their screen. You just have to link it into your broker for the data. This is what I use and I like it. You can even use VIX if you like.

IIC

01-07-2005, 01:02 AM

I forgot to tell you Medved has free tic and trin with their screen. You just have to link it into your broker for the data. This is what I use and I like it. You can even use VIX if you like.

THX Runner...IIC

Runner

01-08-2005, 11:18 AM

this is an example of how using these indicators may prove as a benifit. Notice the patterns that form with OBV. Anyone use OBV for signals?

http://img144.exs.cx/img144/1624/avx1hw.png

Runner

01-08-2005, 11:26 AM

Also note that the right shoulder and head will become resistance. The head or 13.20 could become target. I’m not considering this stock, but just wanted to show how OBV is an awesome indicator

yaoyao

01-09-2005, 07:06 PM

Websman

01-09-2005, 09:20 PM

AVX has just been added to my watch list.

New-born baby

01-09-2005, 09:21 PM

Runner,

I like your OBV indicator and chart work. Do us all a favor, will ya? Keep up the good work!

Runner

01-10-2005, 10:32 PM

Info link on OBV http://www.pro-fundity.com/archedits/052899b.html

billyjoe

01-10-2005, 11:11 PM

Joe Granville came up with the OBV indicator in 1963 , but it failed him in the late 1980's when he was 100% wrong on the market. He faded away and must have resurfaced years later. His market letter was devastated , but may have been revived in a different form. I used to listen to him on radio station WJR in Detroit calling in for several years. After it became obvious he was usually completely wrong on the overall market trend and kept pressing his predictions he eventually stopped being heard at least in our area. I specifically remember him regardless of what is now said about his record.
billyjoe

p.s. In his book "Granville's Last Stand" is a chapter titled "Earnings, the Worst of Indicators"

Runner

01-10-2005, 11:52 PM

Billyjoe, I take it you dislike this indicator. I have zero knowledge of Joe Granville or his market predictions. I know traders that swear by this indicator, but who knows. I’ve been looking into OBV as well as Full STO. I would not use any indicator as a stand-alone buy signal. Who can predict this thing called the market? Surely all anyone can give is his or her opinion. I have not a clue of Granville’s trading methods or mythology, what he did right for 20 years or what he did wrong.

Runner

01-10-2005, 11:58 PM

Old Joe Granville always said the market tells its own story. All you have to do is read what it is saying. Unfortunately for him, he didn’t take his own advice.

Joe Granville was one of the pioneers of technical analysis. He used several novel methods of "reading the market." The most popular of which is On Balance Volume.

Initially, he was quite successful, and became the market "Guru" of the early 1980’s. He was so influential that his forecasts became selffulfilling prophecies. Then he missed the call on the greatest Bull market of all time. On August 16, 1982, the market broke out of a steep slump, and Joe Granville said it was a folly. He said that it was a Bull trap, rising stock prices were like balloons that were about to burst. He remained a Bear for over 14 years while the market soared. What went wrong?

Mr. Granville’s fatal error is that he went from timing the market to forecasting it.

Found out a little about Mr Granville
http://www.vectorvest.com/research/timingthemarket.htm

billyjoe

01-11-2005, 12:08 AM

Runner,
The OBV may be a great indicator, but as you know it's just one piece of the puzzle. I guess we're all trying to find what combination of pieces will put it all together. Keep up the good work.
billyjoe

Runner

01-12-2005, 10:54 PM

BillyJoe, thank you for bringing up the info on Mr. Granville. I found a little bit about his past. You sure got that right about trying too put the pieces of the puzzle together. I doubt one ever gets all the pieces to fit just right, but we sure try!!

Runner

01-12-2005, 11:13 PM

Well looking over several charts I see some bullish Hammers, but how long will it last. I think the Bulls have a small window to try to regain some ground. I still think we are in a traders market with DT possibly having the edge. Tasr sure put on a show today dropped a little in AH trading. I’m seeing some intraday reversals occurring right now with decent bounces off support. In fact I think SIRI bounced off 6.00 after testing it twice. I'm still Cautiously optimistic for now and sitting on the fence with one foot long and the other short.

Runner

01-13-2005, 08:03 PM

http://img124.exs.cx/img124/4334/indices5cl.png

http://img124.exs.cx/img124/858/carpet9vq.png

http://img124.exs.cx/img124/9043/index9cx.png

Lot of BLOOD on this screen!

Runner

01-13-2005, 08:37 PM

Some Warnings:
http://www.mrmarketishuge.com/forum/showpost.php?p=11178&postcount=134
http://www.mrmarketishuge.com/forum/showpost.php?p=11218&postcount=136
http://www.mrmarketishuge.com/forum/showpost.php?p=11366&postcount=138

Runner

01-14-2005, 08:39 PM

My initial list for next week:
AACE ARS AMED AXL AFR ABR AUGT AUO BTHS CALM CENX CNET BOO SBS CTMI DTSI ELNK EIX GGB GFF KDN EWW OKE OPWV PHTN PVN RSYS REMC UNTD WR WDC

I still believe we are in a traders market and some of these may end up short plays. If I enter into position I’ll close it by the end of the day, at least for next week… I’m still on the fence with one leg short and the other long.. This market is crazy too say the least.

New-born baby

01-14-2005, 09:31 PM

Runner/Raven

I have the idea that the institutions are re-arranging their portfolios for the new year and they aren't quite done. They take a day off between attacking the market to give us "suckers" (as they call us) a chance to jump back in, so that they can take some more of our money. Thursday the market was up early, and then came the heavy selling late in the day for a 111 point loss. Look at the volume today: I don't think it was all that heavy. That's a tip.

Hey, before we jump up on any bulls, it seems to me there ought to be some big profits, profits, profits to bring on the bulls. Caution (re: day trade) is the word.

Runner

01-15-2005, 11:26 AM

I’m adding SWIR to my watch list for next week. May see some short covering going into earnings? Not to mention it appears to have formed a double or triple bottom.

Runner

01-15-2005, 11:29 AM

Newborn, my outlook on this market is to proceed with caution. You very well may be right about the rotation. I may become bullish if 2100 on the nas can be reclaimed, but time will tell. I also expect more choppy waters ahead.

Sign of the Bear when market crashes in the afternoon!! :???:

Runner

01-15-2005, 12:10 PM

Not sure about this but the DOW may be setting up the right side of a H/S pattern? This would not be good.
S&P put in a double bottom off 10 minute intraday. First bottom in @ 1175.64 on 12 Jan and second @ 1175.61 on 13 Jan. uuuhhh
Nas did the same thing during that same time period. Uhuhu
Nas 100 did the same

Based off my latest finding this next week will prove interesting

MEA_1956

01-18-2005, 02:31 AM

I'm not quit sure but I read some where that there might be a play here for you to look into. Merril Lynch uppppp graded so that is six uppppps in a row. I myself don't see alot of room to grow here but they sure thought it was a good play. SO GO DIS DIS DIS ===> M.E.A.

Runner

01-18-2005, 01:30 PM

MEA, great call on DIS seems to be doing rather well today!!

Runner

01-18-2005, 08:10 PM

Today’s action on the nas looked pretty good. I got 2 signals I’ve been waiting for. I’ll wait a day or so too see if I get a confirmation signal. If I do the raven sheds it’s feathers and the Eagle gets ready to soar!!

Runner

01-19-2005, 05:36 PM

Looks like the Raven may stay for a while!! Exercise caution in this crazy market. I will remain in cash until after earnings

Websman

01-19-2005, 05:39 PM

I'm back to 100% cash

Runner

01-19-2005, 05:41 PM

Smart man in cash. Save yourself the whipping action of this silly market.

Runner

01-19-2005, 05:44 PM

Might be a good time too be taking a break from the grind. Maybe once earning season is over things might figure out what they wish too do?

If your Brave and have too be in the market all the time I wish ya well!

Thomrich

01-20-2005, 12:46 AM

Runner

01-20-2005, 08:03 AM

http://img157.exs.cx/img157/5597/nas8ul.png
http://img157.exs.cx/img157/5412/nas1za.png

New-born baby

01-20-2005, 09:27 AM

Well said,

About 3 weeks ago on Bloomberg tv,they had a guy from Elliottwave int. calling on a substantial correction.One piece of advice was 3mo treasuries,anyone have any experience purchasing them?

At least get some return on cash while the market gives a direction.

cordially Tom

Here's a couple of ideas:

1. Buy a Can and make 4x more money in three months.

2. Short GM. Yes, it looks as though GM's credit rating is going to be reduced to junk bond status. Sad, sad, sad. Health care costs this year were $5.3 BILLION. That comes right off the bottom line. Do you realize the dividend they could pay if that was gone?

Runner

01-20-2005, 07:46 PM

http://img156.exs.cx/img156/5673/ad2wc.png

Well this week has been just awesome. I’m thinking it is possible we may see a 38-50% retrace on the nas. Looks like stronger support @ the 50% line though. What ya think???

Runner

01-21-2005, 05:37 PM

http://img146.exs.cx/img146/8149/ad7ql.png

Runner

01-21-2005, 06:56 PM

http://img39.exs.cx/img39/8559/nas4ye.png

Here is my guess NAS going to 1985

Runner

01-21-2005, 08:40 PM

I have not looked into these, but this is my initial short list for next week

BAY CARS AD CVAL FRGB MDU AF CNP IMH MTLM NU PRGO VPI

spikefader

01-21-2005, 08:51 PM

really like BAY short.

Runner

01-22-2005, 09:54 AM

bec1nj

01-22-2005, 10:07 AM

Thanks for the education on all this, runner.
Bruce

Runner

01-22-2005, 10:34 AM

Might it be possible too see a slight bounce in the market next week followed by some more selling? Could happen, I’ll be watching the nas 38- 50% and monitor for a nice spike low signal across the indices. The nas 50% level is just a tad above the 200 dma. Be careful on the long and short side. Still think we are in a trader’s environment and will grab smaller profits and head for the sidelines. Maybe things will stabilize after earnings season. The Bears will make a huge push too drag the Nas under the 200 dma. Bulls must step up to the plate and they better do it quickly. Start monitoring your watch list for stocks setting up double triple bottoms, or other reversal signals. The turn may come when everyone is still bearish and that is when the smart money will be loading up at lower prices. Remember in the market the crowd is often wrong!!

spikefader

01-22-2005, 12:49 PM

I was thinking BAY might offer best risk to reward ratio, thanks for your awesome chart Spike. Some of my others would be possible day trades.

Most on this list do not look very good, but I’ll monitor anyway and watch for long signals. I have been working on my scans and trying too fine tune them.

AWF AMTD AU BEAV CY FIC FWHT FRED BTO HELX ISTA LUB NARA PEGA PLCM RGLD SNIC WL
lol oh, when you said 'initial short list' I thought you were looking at them all as shorts. BAY was the only one I liked out of 'em and I thought, some of these look like great longs! haha So they were all on your short (i.e. brief) long list? Amazing how the english language - and only one misinterpreted word - can confuse and befuddle! hehe

Runner

01-22-2005, 04:02 PM

Spike sorry for the confusion

Short candidates
BAY CARS AD CVAL FRGB MDU AF CNP IMH MTLM NU PRGO VPI

Long candidates
AWF AMTD AU BEAV CY FIC FWHT FRED BTO HELX ISTA LUB NARA PEGA PLCM RGLD SNIC WL

spikefader

01-22-2005, 06:44 PM

lol so I confuzzed meself then!

Runner

01-24-2005, 02:29 PM

The Naz is attempting to bounce off the 38% fib-line (2023) doubt if it will hold, but we will see in just a bit

http://img176.exs.cx/img176/719/nas4wk.png

Runner

01-24-2005, 07:30 PM

http://img194.exs.cx/img194/4273/ad3fk.png

Runner

01-24-2005, 10:39 PM

Well the AD chart paints the picture, pretty clear how the odds do not favor longs at this time. Notice the up down volume, pretty awesome right? How about those new highs on the NAZ lololo

New-born baby

01-24-2005, 11:11 PM

Runner,

The tech heavy NAZ is going to continue to get pounded, I think. Perhaps 1760 won't even hold. I say this because the semi-conductor companies have too much capacity at this time, and perhaps a recession is setting in. In any case, RIMM, TZOO, YHOO, EBAY, the SMH, are all overbought, and are going to continue to get hammered down. Short 'em and smile. Short BBY and watch her fall to $20. Get on the right side of the market.

IIC

01-24-2005, 11:39 PM

1760!!!!....YIKES!!!

I don't think so...1971...then 1925(Which I predicted mos ago)...But sub 1800??? I might just quit...LOL

New-born baby

01-25-2005, 10:45 AM

Runner,

Today is the day to buy TM if you like it. Down to $77

jiesen

01-25-2005, 11:12 AM

Runner,

Today is the day to buy TM if you like it. Down to $77

agreed. anything under $80 is a steal for TM.

Runner

01-25-2005, 05:31 PM

http://img140.exs.cx/img140/4452/ad4ar.png

New-born baby

01-25-2005, 06:36 PM

Raven,

Keep that bird suit on for now. Naz was up only 11. Actually I thought it might even end up in the red as it faded late in the day. And advancers were barely ahead of decliners on both the NAZ and the Dow. So I don't count this day as a real strong move upwards. OF course, some is better than none. But I look for red signals tomorrow.

IIC

01-25-2005, 11:05 PM

The vol. wasnt that great either...although not bad...But Advancing vol. vs. Declining vol. was good on the Naz...But I'm still bearish myself...IIC

New-born baby

01-26-2005, 12:05 PM

Runner,

TM up over $1 today. This thing bounces from $76-77 to $80 pretty regularly. Makes a NICE day trade if you have $77,000 to pick up 1,000 shares.

grebnet

01-26-2005, 03:29 PM

I subscribe to fortune magazine and receive a preview of the magazine as an email.. I got the preview last night which has an article on Toyota (TM).
http://www.fortune.com/fortune sounds positive ...For those following this thread..

Runner

01-26-2005, 04:40 PM

http://img171.exs.cx/img171/6205/fwht9kk.png

FWHT made a nice pop today +10%

Runner

01-26-2005, 05:14 PM

I traded TM last summer from around 65.00, cashed out at 79.00. TM is a strong stock with good fundamentals. I think I bot it off the 200 dma, cant remember.

Runner

01-26-2005, 05:44 PM

http://img179.exs.cx/img179/3221/nas4pq.png

Runner

01-27-2005, 12:08 PM

http://img182.exs.cx/img182/9021/tasr9zd.png

TASR!

Runner

01-27-2005, 12:11 PM

http://img182.exs.cx/img182/5157/hdtv8mx.png

HDTV!

Runner

01-27-2005, 12:18 PM

http://img182.exs.cx/img182/7944/snic7ey.png

Runner

01-27-2005, 12:26 PM

http://img182.exs.cx/img182/4673/cy3ng.png

Runner

01-27-2005, 01:07 PM

http://img173.exs.cx/img173/7006/hdtv1to.png

IN HDTV from 4.78 Red line stop out place

Runner

01-27-2005, 01:10 PM

Stop out @ 5.01 + 23

Runner

01-27-2005, 01:16 PM

I wonder if TASR is setting up for another run?

Runner

01-27-2005, 01:39 PM

http://img185.exs.cx/img185/4461/tasr7cs.png
TASR

Runner

01-27-2005, 01:47 PM

http://img197.exs.cx/img197/8578/trin5vt.png

NAZ TRIN favors DT's today, so far....

Runner

01-27-2005, 02:20 PM

WOW notice the Bounce off the OR (opening Range) now look @ your NAZ chart. Pretty cool... Will see what happens between 2:00 and 3:00
http://img198.exs.cx/img198/6159/trin5ga.png

Runner

01-27-2005, 03:03 PM

http://img162.exs.cx/img162/8397/naz7nc.png
NAZ

Well this as like the place. Bounce up or bounce down??

Runner

01-27-2005, 03:19 PM

http://img165.exs.cx/img165/7568/cy4ou.png

CY- update, ok last pic of the day.

Runner

01-27-2005, 05:32 PM

I’m seeing a possible H/S formation-taking place on the NAZ intra-day chart. If it cannot clear 2053. A break Below 2037 on volume would be my confirmation signal..

http://img151.exs.cx/img151/8599/ad3oh.png

Runner

01-28-2005, 11:46 AM

http://img185.exs.cx/img185/961/cy7kr.png

Runner

01-28-2005, 11:49 AM

http://img176.exs.cx/img176/4411/fwht3eu.png

Runner

01-28-2005, 11:57 AM

http://img176.exs.cx/img176/5351/helx6hn.png

Runner

01-28-2005, 11:59 AM

Naz looking ugly TRIN not good... May need to wait until latter

Runner

01-28-2005, 12:09 PM

uuuhh naz breaking down is it time to short TASR?

Runner

01-28-2005, 12:12 PM

http://img176.exs.cx/img176/4798/naz8eg.png

MR. NAZ

Runner

01-28-2005, 05:28 PM

Well as you can see here these last few weeks has been very confusing too say the least.. I still favor DT when conditions are right. You will notice we will go from the BULL to the BEAR at the drop of a hat…. Lol…. Take a peak at the numbers and see how the up/down volume has been playing out in the market.. This tells the story of the advancing and declining issues. Sure you can find a stock moving out, but for how long? As for me if I trade it will only be for a short time with a very low risk factor… Protect that capital is the name of the game. Nothing wrong with staying in cash either.

My movers for the week were:

AWF BEAV CY that’s it off my whole list!!

http://img136.exs.cx/img136/9499/ad1hz.png

Runner

01-29-2005, 11:27 AM

This is a weekly review, notice the green this told me many stocks bounced a little!

http://img183.exs.cx/img183/3121/jan24280et.png

http://img152.exs.cx/img152/3960/adv3iv.png

Runner

01-29-2005, 11:36 AM

Thursday told me the naz might be in trouble Fri, notice the advancing issues V.s declining? Now look at the up/down volume?

Runner

01-30-2005, 10:51 AM

Unbelievable, Iraq’s come out in force and brave the bombs, mortars, and bullets too exercise their right to vote. Over 70% turn out this beats our own historic turn out here in America….

New-born baby

01-30-2005, 03:05 PM

Unbelievable, Iraq’s come out in force and brave the bombs, mortars, and bullets too exercise their right to vote. Over 70% turn out this beats our own historic turn out here in America….

That means this election means something to them. GREAT! Now I hope they will stand up and fight for themselves. Democracy gives IRAN the shivers!

MEA_1956

01-31-2005, 03:00 AM

As always I'm Bullish going into this week and here are a few plays that look pretty good to me.

AIRT === Long::: Should start a comeback as the week unfolds and ends the week around $$20.00$$ If the market goes along I see $35.50 in a few months.

NT === LONG ::: Again, should start a comeback, bouncing off support of $3.03. May see $3.65 by weeks end.

EBAY === LONG ::: Sold off last week on week outlook. Could bounce up and start to reclaim its 20% selloff.

Hope this starts the bulls running. ===> M.E.A.

Runner

01-31-2005, 06:30 PM

Runner

01-31-2005, 06:31 PM

http://img122.exs.cx/img122/1073/nazupdownvolume1xg.png
http://img122.exs.cx/img122/9510/adissuesnaz7fl.png
http://img122.exs.cx/img122/4308/testchart9pa.png

jiesen

01-31-2005, 06:32 PM

yeah, nice pick IIC!

Runner

02-01-2005, 07:26 AM

http://img185.exs.cx/img185/2337/naz9ce.png

Runner

02-01-2005, 06:05 PM

http://img108.exs.cx/img108/3974/adnasissues4ch.png
http://img108.exs.cx/img108/3893/nazudvolume9tv.png
http://img108.exs.cx/img108/8682/test7xv.png

Runner

02-02-2005, 08:57 AM

Runner

02-02-2005, 10:34 AM

NARA has been nice last few days!

Runner

02-02-2005, 12:35 PM

Watching to se what NT will do!
http://img45.exs.cx/img45/4218/nt5cf.png

Runner

02-02-2005, 03:26 PM

TASR showing a little interest off 17.06
http://img102.exs.cx/img102/5113/tasr6fi.png

Runner

02-02-2005, 03:27 PM

BEAV running!
http://img102.exs.cx/img102/2750/beav9di.png

Runner

02-02-2005, 03:35 PM

Forget it, not much on my screen worth a rip today!!

Runner

02-02-2005, 05:42 PM

http://img144.exs.cx/img144/1646/adnasissues8yq.png
http://img144.exs.cx/img144/1028/nazudvolume6aq.png
http://img144.exs.cx/img144/1599/test1kb.png

New-born baby

02-02-2005, 06:19 PM

Runner,

Would you care to post your picks for Thursday. Are you DT them, or swing trading them, or holding or shorting them? I'd appreciate you help. And thanks!

Runner

02-02-2005, 07:54 PM

New Born I’m looking at the following Swings, loaded these couple tonight:
NXTP CENX POG SNRR

Day trades:
SIRI HDTV BEAV CY TASR NARA

Runner

02-03-2005, 08:28 AM

http://img209.exs.cx/img209/9587/naz0eg.png

Runner

02-03-2005, 12:52 PM

I’m conducting a study of how the advancing/declining volume on the NASDAQ has an effect on timing the market. My test chart I’ve taken 50K as a base number and add or subtract the advancing or declining issues each day. My theory is that if this number continues to rise and the volume is weak a correction is due. I have not back tested this and so I hope to see how well things go as I input more data into the study. This week I’ve noticed the decreasing volume bar was going up. I think this may have foretold a possible correction was near. Now I don’t have much knowledge of this study and plan to learn as I go.. If any of this makes sense please assist in educating me on the importance of advancing/declining volume….

Runner

02-03-2005, 04:06 PM

SNRR gets the good boy award today!!

http://img221.exs.cx/img221/3550/snrr7hc.png

Runner

02-03-2005, 05:43 PM

http://img234.exs.cx/img234/4952/adnasissues6xe.png
http://img234.exs.cx/img234/7011/nazudvolume7cz.png
http://img234.exs.cx/img234/2818/test7uw.png

New-born baby

02-03-2005, 07:29 PM

SNRR gets the good boy award today!!

http://img221.exs.cx/img221/3550/snrr7hc.png

Runner,

Would you be so kind as to post your picks for us again tomorrow?

Thank you for today's info!

Websman

02-03-2005, 08:07 PM

You rock Runner!

Runner

02-03-2005, 08:33 PM

You rock Runner!

Webs, you be the Man!!
_____________________

Newborn, Possible swings:
PCSA APCS ENN FCH SCHL CENX?

DT:
SWIR HDTV NT SIRI TASR

NewBorn, I’ll need to take the day off to clear my head tomorrow. This is what I loaded into my screen and who knows maybe one will run. FCH may be an ascending triangle.

I forgot, I don;t look into earnings other than when they report and have not looked into the swings

Runner

02-04-2005, 08:53 AM

Swir short term target
http://img227.exs.cx/img227/9805/swir8vc.png

Runner

02-04-2005, 09:11 AM

Watching 6.39 on SIRI
http://img231.exs.cx/img231/9241/siri4mo.png

Runner

02-04-2005, 02:53 PM

http://img231.exs.cx/img231/7053/cy9ye.png

Runner

02-04-2005, 03:05 PM

http://img151.exs.cx/img151/2319/cy7bm.png

spikefader

02-04-2005, 03:08 PM

http://img231.exs.cx/img231/7053/cy9ye.png
Also a good bullflag and cwh!

Runner

02-04-2005, 03:12 PM

Also a good bullflag and cwh!

Hey thanks Spike I did not see that.. Maybe CY will run??

Runner

02-04-2005, 03:14 PM

HELX has started its little move, missed it but had it in the screen for awhile!!

Runner

02-04-2005, 03:17 PM

HDTV has been trying a little something today, DT's will dump around 3:30 3:45 or they have in the past

Runner

02-04-2005, 03:32 PM

http://img212.exs.cx/img212/1013/hdtv8yy.png

Forgot this is HDTV

spikefader

02-04-2005, 04:08 PM

Hey thanks Spike I did not see that.. Maybe CY will run??Reckon so!

spikefader

02-04-2005, 04:13 PM

CY intraday shows us a classic pattern.

Runner

02-04-2005, 05:17 PM

Hey Spike thanks you for your awesome charts. Looks like the price by volume is not looking too great. I still cannot get the data feed for my charts to look like yours. I had too dump one of my holding in my long account. SYXI reports Monday so I thought I better get out just in case and lock in my little profit…

Nice Break out from the intraday charts on CY I did not get in this one because had other things I needed to do today. WOW one would have nailed this one good around that PP of 11.35…. lolo

I need more training on ID of the bullish bull flag. I surely did not see it.

Runner

02-04-2005, 05:37 PM

http://img222.exs.cx/img222/5222/adnasissues5is.png
http://img222.exs.cx/img222/7378/nazudvolume2nu.png
http://img201.exs.cx/img201/493/nazchart0xn.png

Runner

02-05-2005, 11:48 AM

http://img213.exs.cx/img213/7954/hdtv8sk.png
Two possible plays with this stock. If it can clear the upper blue line one might by at the PP or one could wait for it it possibly come back @ the bottom blue line…. If it clears the 5.40 range I’d put a tight stop and see if this area would now become support

Runner

02-05-2005, 05:59 PM

Mondays watch for possible swing trades, most running in a tight range

HMT SLH CTB CVNS FARO IDBE KERX MXRE MDR MPS NXTP

Day trades

SIRI TASR HDTV CY NT

MEA_1956

02-06-2005, 03:04 AM

ICOR === Has closed last weeks gap up, and traded up 10.29% on Friday, an another 2.74% after hours. A collaberative partnership with Du Pont might carry on into this week. ===> M.E.A.

Runner

02-06-2005, 10:27 PM

Might need some help. I’ve been importing industry data into me database but now I don’t know what to do with it. I’ve got over 100 loaded into the database and this is the return I get. I don’t know much about fundamentals and so might need some help. Each day I refresh the data. This is the return for now.
I’ve been scanning the following:

Rev Qtr vs Yr ago >20
EPS Qtr vs YR ago >20
ROE >15

http://img133.exs.cx/img133/7356/topgroup4lk.png

Runner

02-06-2005, 10:55 PM

This is the top within the grp
#3 AIRT ANS EAGL FDX WLDA
#5
Ok, now I see I'd need to download the stocks within the group then scan them to ID the top performers. I will need to investgate into this a little

Runner

02-07-2005, 02:04 PM

MXRE= good boy today!
http://img45.exs.cx/img45/251/mxre6ey.png

Runner

02-07-2005, 05:31 PM

http://img239.exs.cx/img239/4263/adnasissues0wr.png
http://img239.exs.cx/img239/6251/nazudvolume0yn.png

New-born baby

02-07-2005, 05:48 PM

Runner,

Let's talk daytrading for a moment. I'd like to suggest you look into FDG for daytrading. The thing is $87 a share, but it moves. And if the trade moves against you, they pay $4.27 dividend.

Runner

02-07-2005, 07:52 PM

It’s a little more work then I thought. I just ran these few IG’s and this is what was returned. I have not a clue what the charts look like. I think I’ll do this type of homework on the weekend

AIRT
ANS
EAGL
FDX
WLDA
COH
FORD
ISAC.OB
ALG
CAT
DE
LUFK

Runner

02-07-2005, 07:58 PM

Heck, first glance these stocks don't look to bad.

Runner

02-07-2005, 08:20 PM

Runner,

Let's talk daytrading for a moment. I'd like to suggest you look into FDG for daytrading. The thing is $87 a share, but it moves. And if the trade moves against you, they pay $4.27 dividend.

Newborn, I don’t DT anything over 50.00. This number works out well for me based on my money allocation for day trades.. I must say though that chart sure does look pretty awesome on FDG…

Runner

02-07-2005, 10:48 PM

http://img220.exs.cx/img220/4492/topgroup2eu.png

Weekly watch list:
SCHOOLS:
EDMC CECO LAUR

STEEL:
RESC NUE STTX STLD CRS SIM

FISH/LIVESTOCK:
SEB IBA OME

CONSUMER FINANCIAL SERVICES:
CT NNI FRE EEFT SLM FCFC RWT

CONSTUCTION SERVICES:
CHCI LAYN DEVC WLS CHE

CONSTR. & AGRIC. MACHINERY:
DE KMT RSTI AG CAT MTW

APPAREL/ACCESSORIES
GOSHA FORD PERY TAG JLN

IIC

02-08-2005, 12:24 AM

New-born baby

02-08-2005, 08:19 AM

It is extremely tough to DT expensive stocks. If you are trading news...then I would stick to sub 30 bux...and in most cases...sub $15. Chart patterns are a different story...but even then, how many $50 stocks go up 10% in a day?

IIC,

My thinking: 10% of $15 stock = $1.50
Daily movement of FDG= $2.00

One probably won't catch all of that $1.50, and one probably won't catch all of that $2.00. But if you're trading 1000 shares and it moved .50, you made enough cover lunch (I've got a big family). If FDG dropped, you have an aggressive stock with a good dividend approaching the ex-date, so you don't have to worry about 'cutting losses.'

Runner

02-08-2005, 08:34 AM

Might RSTI bounce off support today?

IIC

02-08-2005, 10:28 AM

IIC,

My thinking: 10% of $15 stock = $1.50
Daily movement of FDG= $2.00

One probably won't catch all of that $1.50, and one probably won't catch all of that $2.00. But if you're trading 1000 shares and it moved .50, you made enough cover lunch (I've got a big family). If FDG dropped, you have an aggressive stock with a good dividend approaching the ex-date, so you don't have to worry about 'cutting losses.'

2 bux is only a little over 2%...and anyway, I'm not daytrading at 80 grand a pop. The dividend...I would not be interested in holding a stock that was dropping for a dividend...IIC

IIC

02-08-2005, 10:51 AM

2 bux is only a little over 2%...and anyway, I'm not daytrading at 80 grand a pop. The dividend...I would not be interested in holding a stock that was dropping for a dividend...IIC

Also, that dividend is for a year...not one quarter.

I'm not saying it is a bad stock...just not my cup of tea for a DT

Runner

02-08-2005, 06:04 PM

http://img193.exs.cx/img193/2499/adnasissues8ge.png
http://img193.exs.cx/img193/5949/nazudvolume2qk.png

Runner

02-09-2005, 11:23 AM

WOW, NAZ TRIN over 11

Runner

02-09-2005, 07:33 PM

http://img171.exs.cx/img171/2356/adnasissues6ad.png
http://img171.exs.cx/img171/1668/nazudvolume7ox.png

Runner

02-09-2005, 07:47 PM

Could this now be the time to start looking for LONGS!!!!!!!!

Runner

02-09-2005, 08:46 PM

http://img120.exs.cx/img120/1135/topig9ex.png
ROE>17 REV QTR vs YR AGO>25 EPS Qtr vs Yr Ago>25

Runner

02-09-2005, 09:12 PM

Oil & Gas - Integrated maybe a few c/w/h formations (daily chart)

http://img120.exs.cx/img120/2623/oil8dg.png

Runner

02-09-2005, 09:47 PM

Oil & Gas Operations
http://img187.exs.cx/img187/6640/oilops1xi.png

Runner

02-09-2005, 10:03 PM

Do any of these oil stocks meet growth criteria? Not sure but many appear to look pretty good.. I’d like to hear from others as my knowledge is limited

IIC

02-09-2005, 10:50 PM

Runner...I love those little Naz A/D and U/D charts you post...Thx...Doug(IIC)

spikefader

02-09-2005, 10:57 PM

Could this now be the time to start looking for LONGS!!!!!!!!Ya, the likelihood of adv issues winning over declining issues is greater, no doubt, BUT don't be deceived. It's probably a time to be looking to short into the expected strength over the next day - or two. I'm about to change my avitar to bear again and shorting strength and at resistance is my strong call for tomorrow.

IIC

02-09-2005, 11:01 PM

Ya, the likelihood of adv issues winning over declining issues is greater, no doubt, BUT don't be deceived. It's probably a time to be looking to short into the expected strength over the next day - or two. I'm about to change my avitar to bear again and shorting strength and at resistance is my strong call for tomorrow.

Hey Spike...IMO, if 2048 cannot hold...then I think we are goin' down. Personally, I'd like to see the 1970's...but the market rarely cares what IIC wants.

Runner

02-09-2005, 11:23 PM

Hey Spike...IMO, if 2048 cannot hold...then I think we are goin' down. Personally, I'd like to see the 1970's...but the market rarely cares what IIC wants.

Very good observation Spike and you may very well be right. We do need more fear in the market as many have become complicit. I do see a possible bounce coming the next few days like you stated, but will it last? We very well may see a suckers rally. I posted oil stocks as a test to see how well they perform. I have noticed in the past that when the market tanks sometimes oil will go up, who knows but we shall see. I still favor a day traders market except for today…I will however begin to identify possible long targets at this time.

Ugly day to say the least my internal signals kept me out all day not to mention stockcharts was down all day… If your Long be careful and consider a tight stop IMO…

>>>>IIC, I also think the 1970’s is very possible but as we all say time will tell all>>>

Runner

02-09-2005, 11:36 PM

http://img222.exs.cx/img222/5002/nazchart1wz.png

Runner

02-10-2005, 02:43 PM

http://www.mrmarketishuge.com/forum/showpost.php?p=13595&postcount=288

OIL UP, in fact all buy one!!!

Runner

02-10-2005, 05:50 PM

http://img239.exs.cx/img239/5626/adnasissues4hg.png
http://img239.exs.cx/img239/4347/nazudvolume2uc.png
http://img239.exs.cx/img239/7595/topig8hw.png

Runner

02-11-2005, 06:20 PM

Naz volume data

http://img164.exs.cx/img164/8898/adnasissues2xp.png
http://img164.exs.cx/img164/1271/nazudvolume5qv.png

Sector Change
http://img199.exs.cx/img199/7977/topig7rb.png

Notice Tec did pretty good today!

Top 3 day oil stocks from list:

APA GDP KMG OXY

Watching TMR POG TGA

MEA_1956

02-12-2005, 02:07 AM

Runner

02-12-2005, 02:53 PM

POG === I sold my POG today when it broke over my 100% mark. I don't think I would be happy hold NBL after the sell out so by by to POG. You might look and see what NBL is offering to pay but I don't think it is much more than the per share price at present time. ===> M.E.A.

Awesome job Mea with POG. It sure has had a nice run. I think it may have a little more upside to it. It was kicked back from my new data base, too bad I did not get in last september!!!

I'm going to track these few stocks for next week:
Basic Material: Steel and Iron
RESC NUE MT STTX STLD SCHN SIM

Capital Goods: Supplies & Fixtures
FRD IIIN NSS MVK TS ELK BXC

Oil:
TMR POG TGA

grebnet

02-12-2005, 03:22 PM

Hey Runner...
I see you say you are going to track FRD...
Ive been playong this since 7.52 and as in another thread I sold wed at 15.75 then bought back at 13.20 and 12.60 Thurs & Fri. . Big drop last week on no news (earnings coming Mon or Tues) until after close Friday they stated they are restating earnings last qtr but good news is will result in .04 increase in earnings. Now we will see what happens at open if just restating causes people to run or if the drop was strictly due to a leak of restating and institutions assumed the worst. I'm in heavily so my wishes are obvious.

Runner

02-12-2005, 05:50 PM

Grebnet, I almost pulled the trigger on it Friday, but I thought earnings might come in the next few days. I was thinking along the same lines that maybe something regarding earnings might have leaked out. You sure have had a nice run fro the 7.50 range!! Great job and my famous saying, “time will tell”.

Runner

02-14-2005, 07:14 PM

http://img225.exs.cx/img225/7720/adnasissues9nv.png (http://www.imageshack.us)
http://img225.exs.cx/img225/2011/nazudvolume7zw.png (http://www.imageshack.us)
http://img225.exs.cx/img225/1146/adissuenyse8yb.png (http://www.imageshack.us)
http://img225.exs.cx/img225/6654/udvolumenyse1pf.png (http://www.imageshack.us)

Runner

02-14-2005, 07:39 PM

http://img60.exs.cx/img60/620/topsectors7sf.png (http://www.imageshack.us)

Runner

02-14-2005, 10:46 PM

Since I’m not sure where to set the parameters with the database I toned down the criteria from >25 to >20. I left the field blank for ROE, With the intent to try to ID possible new leaders in the group!!

http://img208.exs.cx/img208/9572/topig5hv.png (http://www.imageshack.us)

IIC

02-15-2005, 01:19 AM

Really like those A/D charts...how far can you go back?

Runner

02-15-2005, 05:42 PM

http://img132.exs.cx/img132/443/adnasissues7cg.png (http://www.imageshack.us)
http://img132.exs.cx/img132/9978/nazudvolume0oy.png (http://www.imageshack.us)

Runner

02-16-2005, 05:44 PM

http://img156.exs.cx/img156/3508/adnasissues1ls.png (http://www.imageshack.us)
http://img176.exs.cx/img176/8779/nazudvolume0kv.png (http://www.imageshack.us)

Runner

02-16-2005, 11:08 PM

Top oil movers from 2/10/5

APA BR CNQ KMG POG SKE

Steel movers today:
RESC NUE MT STLD SCHN

Runner

02-17-2005, 05:38 PM

http://img32.exs.cx/img32/2918/adnasissues4ld.png (http://www.imageshack.us)
http://img32.exs.cx/img32/6765/nazudvolume5ot.png (http://www.imageshack.us)

Runner

02-17-2005, 08:42 PM

http://img31.exs.cx/img31/4908/topig0xo.png (http://www.imageshack.us)

Apparel and Accessories
FORD COH GIL RL ZKQ COLM GOSHA

IIC

02-18-2005, 02:11 AM

Run...How far can you go back on the A/D history?

Runner

02-18-2005, 07:57 AM

IIC, my A/D info only goes back to Jan 24th, because I manually input the data after each close.

Runner

02-18-2005, 08:22 AM

Might RSTI bounce off support today?
Watch RSTI today!! Pre tick +18.

IIC

02-18-2005, 11:30 AM

IIC, my A/D info only goes back to Jan 24th, because I manually input the data after each close.

Do you want it back further? I have the daily Naz figures back to 1978

Runner

02-18-2005, 05:49 PM

Do you want it back further? I have the daily Naz figures back to 1978
Thanks IIC, I do not think I'll need the data from back that far....

Runner

02-18-2005, 05:49 PM

http://img112.exs.cx/img112/2834/adnasissues2io.png (http://www.imageshack.us)
http://img24.exs.cx/img24/5005/nazudvolume6yt.png (http://www.imageshack.us)

IIC

02-18-2005, 11:45 PM

Thanks IIC, I do not think I'll need the data from back that far....

OK...just thought I'd offer :)

Runner

02-20-2005, 10:42 AM

Weekly charts worth a look

CEC- Pullback to 20dma
CD- tight base, MACD rising
CPHD- 20dma crossed 20-50dma
CTEC- pullback decreasing volume, possible flag pattern
XEC- riding 20dma
CCI- increased volume off 40-50dma
EC-tight base
GGB-increase in volume, bounce off 20dma
HDWR-Bounce off 20dma, MACD rising
MAS- riding 20dma
MCD- possible cup with handle
MCGC- tight base, MACD at zero line
NXTP- tight base
OMM bounce off 40dma, MACD turning up
SAY- possible Cup with handle
SERO-tight base
STK- ascending triangle
SYNM-ascending triangle
TIE- breaking out
WRLD- pulling back

Many from last weeks list are still worth keeping an eye on, EENC popped nicely. Criteria for selection was simply off charts.

Runner

02-20-2005, 10:46 AM

Scanned list as per grp:

Coal:
BTU ANR CNX HDWR

Computer Networks
BCSI FFIV INGR ISWI NLX SCIX

Construction and Agriculture Machinery:
JOYG LUFK MTW

Construction Supplies and Fixtures
AMWD BXC ELK HBP IIIN NSS

Construction Services:
BXG CHCI CHE ICA LEV NCS TOL

Oil:
AE EENC FTO PETD POG RRC TGA TMR

Apparel and Accessories:
FORD COH GIL RL ZKQ COLM GOSHA

Biotechnology & Drugs:
AMGN ANIK, APPX, CNXS CVD CVTX DATA DUSA ELAB EW ILE IMCL KNDL LCBM MYOG NYMX PPHM VICL

MEA_1956

02-20-2005, 11:31 PM

APCC === If a person where to look at this stock on TUE. it just might hold a small reward. ===> M.E.A.

Runner

02-20-2005, 11:35 PM

Nice pull back on APCC= added to target list, thanks again MEA!!

Runner

02-22-2005, 06:45 PM

http://img237.exs.cx/img237/497/adnasissues5cg.png (http://www.imageshack.us)
http://img237.exs.cx/img237/5197/nazudvolume8lz.png (http://www.imageshack.us)

Runner

02-22-2005, 08:56 PM

http://img179.exs.cx/img179/3896/topig6uz.png (http://www.imageshack.us)

Runner

02-23-2005, 08:21 PM

http://img78.exs.cx/img78/2168/adnasissues2vt.png (http://www.imageshack.us)
http://img78.exs.cx/img78/4384/nazudvolume4tc.png (http://www.imageshack.us)

My business demands are increasing as the weather warms up here in Bama. I need to build my business, as it is seasonal. I will try to maintain the volume data on this forum.

runneR

Websman

02-23-2005, 08:50 PM

I'm almost in Bama and it won't be long before the thermometer hits ninety or more...I can't wait.

IIC

02-24-2005, 12:41 AM

Runner...what type of biz???

Runner

02-24-2005, 08:07 PM

IIC, I own a landscaping business, we Chill in winter, but sweat like a big dog in Summer…

Runner

02-24-2005, 08:08 PM

http://img209.exs.cx/img209/7643/adnasissues9cx.png (http://www.imageshack.us)
http://img209.exs.cx/img209/6100/nazudvolume7zt.png (http://www.imageshack.us)

Runner

02-24-2005, 08:12 PM

IIC

02-25-2005, 12:01 AM

IIC, I own a landscaping business, we Chill in winter, but sweat like a big dog in Summer…

Oh yeah...I remember now. I manage over 100 commercial properties in CA, NM and TX...looks like I will probably get 20+ more later this year in ME, NH and VT.

Do you do residential or commercial or both? Design, installs or maintenance or a combo? Just curious...Best, Doug(IIC)

Runner

02-25-2005, 08:47 AM

IIC, we specialize in commercial maintenance, and commercial/residential fertilization. My company is broken down into 2 divisions, I run the fertilization and weed control and my partner runs the maintenance. Been very busy lately because our pre emergent herbicide needs to get out as soil temps begin to increase. Smart approach to combat summer weeds is to treat in fall winter and of coarse spring. Pre emergent forms a barrier on the soil and when the weed seed goes to germinate it will intake the herbicide thus preventing the seed from germinating. Timing is key for proper coverage and protection..

Wow you must stay busy yourself, you run a lot of properties!! You also must do a lot of traveling? Makes it hard to trade when you on the run. I have not been able to even check my PDA… Gotta run and load my tank… take care

runneR

Runner

02-25-2005, 08:23 PM

http://img237.exs.cx/img237/170/adnasissues0xc.png (http://www.imageshack.us)
http://img49.exs.cx/img49/3233/nazudvolume7rl.png (http://www.imageshack.us)

IIC

02-26-2005, 12:34 AM

Runner...thanks for the explanation and thanks for the cool charts. BTW...I think I that you posted some NYSE charts one day...Do you keep those too? If so, I'm interested...Or any other ones you keep...Thx...IIC

Runner

02-26-2005, 05:38 PM

IIC, I have been tracking the NYSE and also AMEX. I’ll post both charts on naz and dow next week. All data I’m inputting is set up on the same page so it will not be a problem at all. The time I’ll post it will be latter than 5-6 o’clock in the evening….
Have a great weekend…

IIC

02-26-2005, 05:48 PM

Runner

02-27-2005, 10:22 PM

Runner

02-27-2005, 10:28 PM

Originally Posted by Runner
Scanned list as per grp:

Coal:
BTU ANR CNX HDWR

Computer Networks
BCSI FFIV INGR ISWI NLX SCIX

Construction and Agriculture Machinery:
JOYG LUFK MTW

Construction Supplies and Fixtures
AMWD BXC ELK HBP IIIN NSS

Construction Services:
BXG CHCI CHE ICA LEV NCS TOL

Oil:
AE EENC FTO PETD POG RRC TGA TMR

Apparel and Accessories:
FORD COH GIL RL ZKQ COLM GOSHA

Biotechnology & Drugs:
AMGN ANIK, APPX, CNXS CVD CVTX DATA DUSA ELAB EW ILE IMCL KNDL LCBM MYOG NYMX PPHM VICL

No change to this list!

Runner

02-28-2005, 06:22 PM

http://img234.exs.cx/img234/4511/adissuenyse4ms.png (http://www.imageshack.us)
http://img234.exs.cx/img234/5645/adnasissues0ul.png (http://www.imageshack.us)
http://img234.exs.cx/img234/8426/udvolumenyse5ue.png (http://www.imageshack.us)
http://img234.exs.cx/img234/2298/nazudvolume9ng.png (http://www.imageshack.us)

IIC

03-01-2005, 12:19 AM

Thx Runner...appreciate it...IIC

Runner

03-01-2005, 06:53 PM

http://img88.exs.cx/img88/363/adissuenyse5gf.png (http://www.imageshack.us)
http://img88.exs.cx/img88/245/adnasissues9qn.png (http://www.imageshack.us)
http://img88.exs.cx/img88/7679/udvolumenyse0ek.png (http://www.imageshack.us)
http://img88.exs.cx/img88/2082/nazudvolume9po.png (http://www.imageshack.us)

Runner

03-02-2005, 05:09 PM

http://img91.exs.cx/img91/2021/aro2tc.png (http://www.imageshack.us)

Runner

03-02-2005, 05:14 PM

http://img155.exs.cx/img155/6638/pphm2oa.png (http://www.imageshack.us)

Runner

03-02-2005, 05:17 PM

http://img155.exs.cx/img155/751/ford0oi.png (http://www.imageshack.us)

Runner

03-02-2005, 05:18 PM

http://img155.exs.cx/img155/1064/coh9vs.png (http://www.imageshack.us)

Runner

03-02-2005, 05:21 PM

http://img92.exs.cx/img92/412/ew3ur.png (http://www.imageshack.us)

Websman

03-02-2005, 05:38 PM

Thanks for the great posts Runner!

Runner

03-02-2005, 06:31 PM

http://img81.exs.cx/img81/2858/adissuenyse2or.png (http://www.imageshack.us)
http://img81.exs.cx/img81/5360/adnasissues2zg.png (http://www.imageshack.us)
http://img81.exs.cx/img81/7016/udvolumenyse6yf.png (http://www.imageshack.us)
http://img81.exs.cx/img81/2544/nazudvolume6ka.png (http://www.imageshack.us)

Runner

03-03-2005, 06:07 PM

http://img140.exs.cx/img140/3222/adissuenyse4ie.png (http://www.imageshack.us)
http://img140.exs.cx/img140/5041/adnasissues7lo.png (http://www.imageshack.us)
http://img140.exs.cx/img140/5368/udvolumenyse5wb.png (http://www.imageshack.us)
http://img140.exs.cx/img140/3210/nazudvolume5uy.png (http://www.imageshack.us)

Runner

03-03-2005, 10:33 PM

http://img172.exs.cx/img172/4441/apparel5oa.png (http://www.imageshack.us)

Runner

03-04-2005, 03:48 PM

From last nights list:
ASHW GIL ZQK

Runner

03-04-2005, 05:44 PM

http://img178.exs.cx/img178/8629/adissuenyse1fk.png (http://www.imageshack.us)
http://img178.exs.cx/img178/3538/adnasissues6jz.png (http://www.imageshack.us)
http://img178.exs.cx/img178/5395/udvolumenyse4li.png (http://www.imageshack.us)
http://img178.exs.cx/img178/8834/nazudvolume2xi.png (http://www.imageshack.us)

Runner

03-04-2005, 08:43 PM

Weekly charts worth a look:

AIR APCS AHM AHG BKMU BKI CD CYBX DCI EENC EPIC EXM FLS GPS HNZ NSANY HAWK PGI RRA SKO

Runner

03-04-2005, 09:54 PM

http://www.mrmarketishuge.com/forum/showpost.php?p=14456&postcount=337
Dropping BXG LEV NLX

Runner

03-06-2005, 09:34 PM

Might be getting time to keep an eye on WLDA. I expect a move coming in either direction

http://img20.exs.cx/img20/5603/wlda8ex.png (http://www.imageshack.us)

MickyMouse

03-06-2005, 10:01 PM

Might be getting time to keep an eye on WLDA. I expect a move coming in either direction

http://img20.exs.cx/img20/5603/wlda8ex.png (http://www.imageshack.us)

Hope in the direction I bet. I am long some shares.

Micky

MickyMouse

03-06-2005, 10:03 PM

Thanks for a nice thread.

Micky

Runner

03-06-2005, 10:27 PM

http://img26.exs.cx/img26/8202/ford0wq.png (http://www.imageshack.us)

B.J

03-06-2005, 10:37 PM

http://img26.exs.cx/img26/8202/ford0wq.png (http://www.imageshack.us)

Help a rookie out, Runner. Is 3 bar inside a good thing?

Runner

03-06-2005, 10:43 PM

http://www.elliottwave.com/education/trade_commodities/default.aspx?page=trade_commodities&code=jkvd1

Short VDO on inside days.

This should give you a pretty good description BJ...

Hope it helps!!

B.J

03-07-2005, 12:19 AM

Interesting. Thanks.

Runner

03-07-2005, 06:00 PM

http://img68.exs.cx/img68/4896/adissuenyse4wp.png (http://www.imageshack.us)
http://img68.exs.cx/img68/7976/adnasissues9rf.png (http://www.imageshack.us)
http://img68.exs.cx/img68/8763/udvolumenyse3wc.png (http://www.imageshack.us)
http://img68.exs.cx/img68/3317/nazudvolume0ep.png (http://www.imageshack.us)

Runner

03-07-2005, 07:22 PM

http://img237.exs.cx/img237/6227/topig5yn.png (http://www.imageshack.us)

Runner

03-08-2005, 08:38 AM

Looking to see if GPS can pop the trend line!!
http://img210.exs.cx/img210/434/gps0gy.png (http://www.imageshack.us)

Runner

03-08-2005, 11:13 AM

HAWK might just have a little more gas in the tank..lo

Runner

03-08-2005, 03:47 PM

http://img203.exs.cx/img203/2323/sko3ab.png (http://www.imageshack.us)
One day runner

Runner

03-08-2005, 06:08 PM

http://img47.exs.cx/img47/7702/adissuenyse7ws.png (http://www.imageshack.us)
http://img47.exs.cx/img47/8193/adnasissues0eb.png (http://www.imageshack.us)
http://img47.exs.cx/img47/999/udvolumenyse2mm.png (http://www.imageshack.us)
http://img130.exs.cx/img130/9150/nazudvolume5db.png (http://www.imageshack.us)

B.J

03-08-2005, 08:06 PM

Short VDO on inside days.

This should give you a pretty good description BJ...

Hope it helps!!

I now see that EZPW's weekly chart had a three week inside pattern prior to it's demise. Took a bath, but I gained knowledge. Wasn't a huge position anyhow. Thanks for the thread Runner.

Runner

03-08-2005, 08:48 PM

BJ, when I look at EZPW’s weekly chart I see what looks like an evening dogi. This is most always my clue to clear the position and run for cover. Be careful with inside days that form-ascending triangles as this indicates a break in either direction is coming. Now the market in general is week and I personally still favor Day trading at this time…If you get a chance check out this link..http://www.stockta.com/cgi-bin/school.pl?page=candle#doji

Remember nothing is for certain as far as candles, but some are more meaningful than others..

Best trading!!!!!

B.J

03-08-2005, 09:12 PM

Thanks again!

I learn something every time I log in.

Runner

03-08-2005, 09:21 PM

I should also state my time frame in a position is less then 4 weeks. That is why I stated when I see an evening dogi I run for cover. Some may hold through the downdraft when they have a good lead on the stock. I guess it all comes down to your style of investing or trading..

Runner

03-09-2005, 05:49 PM

http://img47.exs.cx/img47/2702/adissuenyse9gp.png (http://www.imageshack.us)
http://img47.exs.cx/img47/2416/adnasissues3nk.png (http://www.imageshack.us)
http://img47.exs.cx/img47/9294/udvolumenyse0un.png (http://www.imageshack.us)
http://img47.exs.cx/img47/9500/nazudvolume3nz.png (http://www.imageshack.us)

Runner

03-10-2005, 07:18 AM

These are short training lesson videos on MACD. Some may find this interesting pay special attention on the lesson briefly explaining divergence.

http://www.nebadawn.com/stock-market-technical-analysis/MACD-Video-Lesson-1/MACD_Lesson_1.html
http://www.nebadawn.com/stock-market-technical-analysis/MACD-Video-Lesson-2/MACD_Lesson_2.html
http://www.nebadawn.com/stock-market-technical-analysis/TLC-Video-1-Sector-Review/TLC-Vidio-1-Sector-Review.html
http://www.nebadawn.com/stock-market-technical-analysis/TLC-Video-2-Initial-Stock-Review/TLC-Video-2-Initial-Stock-Review.html
http://www.nebadawn.com/stock-market-technical-analysis/TLC-Video-3-Final-Stock-Review/TLC-Video-3-Final-Stock-Review.html

Jaws57

03-10-2005, 12:12 PM

B.J

03-10-2005, 01:04 PM

Awesome stuff, Runner. May I ask, how does Skinner arrive at the 5 and 34 MA's as significant? What time frames do you use for MACD?

MEA_1956

03-10-2005, 03:56 PM

TWO THUMBS UP.....Feed me more......More in put......Teach me more.....

Good work Runner!!!!!!!! ===> M.E.A.

Runner

03-10-2005, 07:13 PM

http://img236.exs.cx/img236/2807/adissuenyse4wl.png (http://www.imageshack.us)
http://img236.exs.cx/img236/9228/adnasissues5ec.png (http://www.imageshack.us)
http://img236.exs.cx/img236/6404/udvolumenyse8rk.png (http://www.imageshack.us)
http://img236.exs.cx/img236/6940/nazudvolume1uj.png (http://www.imageshack.us)

Runner

03-10-2005, 11:36 PM

http://img176.exs.cx/img176/9403/topig0kp.png (http://www.imageshack.us)

ANDW HLIT JNPR MOT NTGR RIMM SWIR

B.J

03-11-2005, 11:00 AM

From what I gathered on Skinner's lessons, the MACD definitely points to an upcoming reversal for RIMM and SWIR. I'm going to go through the Sticks later.

Excellent list!

Jaws57

03-11-2005, 12:14 PM

From what I gathered on Skinner's lessons, the MACD definitely points to an upcoming reversal for RIMM and SWIR. I'm going to go through the Sticks later.

Excellent list!

BJ, Look at SYMC. Same type of MACD chart. Also it is near the upper channel of a trend line since its big fall. One thing missing here is a upper sloping trend line. I guess you can go back far enough to get one but then there is no line touch near the middle of trendline. I'm still learning this stuff.

Just looking at the MACD chart, SWIR has the best looking one. If the money flow would turn posistive it would be even better.

B.J

03-11-2005, 01:00 PM

Thanks, Jaws. Looks like SYMC has already begun an uptrend of sorts (higher low). Looks real good!

As far as the sticks:

JNPR going up, working on rising 3 methods.

MOT has two hammers in the last week.

RIMM had a 3-day inside harami, and SWIR may be in the process of doing likewise.

Runner

03-11-2005, 04:57 PM

http://img61.exs.cx/img61/9679/jnpr6zz.png (http://www.imageshack.us)

Runner

03-11-2005, 05:16 PM

EC may move up or down soon!
http://img120.exs.cx/img120/1975/ec7yp.png (http://www.imageshack.us)

B.J

03-11-2005, 06:56 PM

Runner, how does the MACD indicator work in a market that's getting clobbered like this one? I would assume that I could expect a 1-5 day rally at best on a particular stock (that passes the screens) if the broad market is in a decline?

Runner

03-11-2005, 10:30 PM

A few examples from the MACD VDO’s. I personally have never used the MACD much and so maybe we can all learn together. Looking over some scans these are a few that might meet the MACD criteria.
http://img163.exs.cx/img163/4254/ency5yg.th.png (http://img163.exs.cx/my.php?loc=img163&image=ency5yg.png)
http://img163.exs.cx/img163/5915/airt8dw.th.png (http://img163.exs.cx/my.php?loc=img163&image=airt8dw.png)
http://img163.exs.cx/img163/3062/brli2xp.th.png (http://img163.exs.cx/my.php?loc=img163&image=brli2xp.png)
http://img115.exs.cx/img115/2619/brks7kb.th.png (http://img115.exs.cx/my.php?loc=img115&image=brks7kb.png)
http://img41.exs.cx/img41/986/ingp6ha.th.png (http://img41.exs.cx/my.php?loc=img41&image=ingp6ha.png)

MickyMouse

03-12-2005, 12:38 AM

[QUOTE=Runner]A few examples from the MACD VDO’s. I personally have never used the MACD much and so maybe we can all learn together. Looking over

Runner,

I clicked through these charts, but none of them show MACD lines.

BTW, thank for the great thread.

MEA_1956

03-12-2005, 02:45 AM

Runner

03-12-2005, 10:45 AM

Runner

03-12-2005, 10:49 AM

I got caught up with my scans yesterday and forgot to post my volume report. Sorry for the delay, but it just slid my mind.

http://img100.exs.cx/img100/1289/adissuenyse1ld.png (http://www.imageshack.us)
http://img100.exs.cx/img100/6605/adnasissues8xr.png (http://www.imageshack.us)
http://img100.exs.cx/img100/6708/udvolumenyse7dh.png (http://www.imageshack.us)
http://img100.exs.cx/img100/2708/nazudvolume1lz.png (http://www.imageshack.us)

Runner

03-12-2005, 11:04 AM

My Choice is AIRT, (maybe ) who got a sector report.

The only thing that comes to mind at this point in life is that T.V.comercial. NOW THATS WHAT I'M TALKING ABOUT.

#1 == Unity

#2 == Perfect picks

#3 == MEATs and CHEESEs for all!!!!!!!!!!!!!!!!!!!!!!!!!!!!

#4 == All we need is EARNY's write ups.

Type at youal later. ===> M.E.A.

http://www.mrmarketishuge.com/forum/showpost.php?p=13360&postcount=269
Mea, AIRT was put into my database awhile back. I’m still tweaking things, but thus far I’m happy with the results.

Runner

03-12-2005, 11:12 AM

http://img213.exs.cx/img213/1779/topig7jt.png (http://www.imageshack.us)

Runner

03-12-2005, 11:51 AM

I feel it might be helpful if I post what I’m trying to accomplish with my database. Each day I run a scan of the Industries. I’m only looking for Rev>20 and EPS qtr >20. The reason for the loose settings is to attempt to ID a new group that might begin a nice run.

I’ll then download all the stocks within that group and scan with same criteria. Once I get a list I’ll then go to the charts and look for possible set-ups. Communications equip. was added to list a few days ago, but looking at many of the charts I feel it is not yet ready to move, but I have a few I’m stalking right now. I have noticed a little lag time between when a group has been added to the list and when it moves out.

I’ll then take all the stocks I’m watching and load them into Medved tracker. Now I’ll constantly be watching the weekly, daily, and intraday charts, looking for possible set ups. I will attempt to enter at key support levels and not at resistance.

I’m still a ways off from fine-tuning things as I become overwhelmed with data and slip up and miss some that move out. I also need to get more organized with the data to increase efficiency. Please also note any stock posted here needs to meet your own criteria or method of investing.

I’m open for suggestions or comments on how I might enhance this and increase the probability of what I’m trying to accomplish!!

skiracer

03-12-2005, 12:16 PM

Any plan that you've given your thought to and are not deceiving yourself with is the right track. As you use it you'll the faults will become apparent an you'll adjust it accordingly or throw the whole thing out and start a new one. Good luck.

IIC

03-12-2005, 01:30 PM

I got caught up with my scans yesterday and forgot to post my volume report. Sorry for the delay, but it just slid my mind.

http://img100.exs.cx/img100/1289/adissuenyse1ld.png (http://www.imageshack.us/)
http://img100.exs.cx/img100/6605/adnasissues8xr.png (http://www.imageshack.us/)
http://img100.exs.cx/img100/6708/udvolumenyse7dh.png (http://www.imageshack.us/)
http://img100.exs.cx/img100/2708/nazudvolume1lz.png (http://www.imageshack.us/)

Monday's Naz figures are interesting

Runner

03-14-2005, 04:35 PM

http://img176.exs.cx/img176/9403/topig0kp.png (http://www.imageshack.us)

ANDW HLIT JNPR MOT NTGR RIMM SWIR

RIMM ANDW NTGR having a nice day!

B.J

03-14-2005, 07:32 PM

Runner, what are your thoughts on UBET? It looks like the 10-20-30 DMAs are lining up similar to your liking. Check it out.

Runner

03-14-2005, 08:26 PM

http://img109.exs.cx/img109/4346/adissuenyse1dd.png (http://www.imageshack.us)
http://img109.exs.cx/img109/1048/adnasissues3qn.png (http://www.imageshack.us)
http://img109.exs.cx/img109/6847/udvolumenyse3co.png (http://www.imageshack.us)
http://img109.exs.cx/img109/7797/nazudvolume1qp.png (http://www.imageshack.us)

Runner

03-14-2005, 08:31 PM

Runner, what are your thoughts on UBET? It looks like the 10-20-30 DMAs are lining up similar to your liking. Check it out.

http://img225.exs.cx/img225/1091/ubet9yr.png (http://www.imageshack.us)

Runner

03-15-2005, 05:56 PM

http://img15.exs.cx/img15/3882/adissuenyse0wa.png (http://www.imageshack.us)
http://img15.exs.cx/img15/571/adnasissues6sg.png (http://www.imageshack.us)
http://img15.exs.cx/img15/6663/udvolumenyse9af.png (http://www.imageshack.us)
http://img15.exs.cx/img15/1372/nazudvolume9gf.png (http://www.imageshack.us)

Runner

03-15-2005, 08:18 PM

http://img188.exs.cx/img188/5589/ford8jr.png (http://www.imageshack.us)
http://img188.exs.cx/img188/6356/3shift3ym.png (http://www.imageshack.us)
http://img188.exs.cx/img188/8656/short6xk.png (http://www.imageshack.us)
http://img74.exs.cx/img74/4026/short3jn.png (http://www.imageshack.us)

Runner

03-16-2005, 09:33 AM

http://img46.exs.cx/img46/96/naz5he.png (http://www.imageshack.us)
Trying to learn EW, not for sure about my labeling.

Runner

03-16-2005, 09:49 AM

http://img100.exs.cx/img100/6465/rimm5ic.png (http://www.imageshack.us)

Runner

03-16-2005, 10:06 AM

Keeping an eye on Communication equipment today. RIMM’s news may thrust others up!

B.J

03-16-2005, 10:40 AM

Runner, sorry if you already mentioned elsewhere, but what does the red line represent?

Runner

03-16-2005, 02:32 PM

http://img200.exs.cx/img200/2871/swir5mi.png (http://www.imageshack.us)

Runner

03-16-2005, 05:46 PM

http://img166.exs.cx/img166/8964/adissuenyse4xy.png (http://www.imageshack.us)
http://img166.exs.cx/img166/9598/adnasissues8vi.png (http://www.imageshack.us)
http://img166.exs.cx/img166/1163/udvolumenyse3fh.png (http://www.imageshack.us)
http://img166.exs.cx/img166/3139/nazudvolume8zi.png (http://www.imageshack.us)

Runner

03-16-2005, 08:20 PM

Simple way to plot PP,S, and R

H=yesterday's high
L= yesterday's low
C=yesterday's close

The five equations for the pivot lines:

P=(H+L+C)/3
R1=2XP-L
S1=2XP-H
R2=P+(R1-S1)
S2=P-(R1-S1)

tried this out and found it pretty cool

Runner

03-17-2005, 01:48 PM

http://img120.exs.cx/img120/5917/naz11ym.png (http://www.imageshack.us)

spikefader

03-17-2005, 02:14 PM

Hey Runner, those colored lines just gave me an idea for an exercise on emotion. It may be just me, but the color of the line influences me.

Look at that last chart and particularly the blue line, with price tucked under it. How does the chart make you feel about potential price action? Does the blue line make you a little optimistic that price can break through? I feel a little that way, even despite knowing I should sell resistance.

Now change the blue line to the color red. Look at it again, and be honest, how does it make you feel? A little pessimistic that the red line is rejecting price and it may fail? Cuz that's how a red line makes me feel! There's something about red being an alert!

Runner

03-17-2005, 02:23 PM

Spike, very good point and I can see how one may perceive a signal based off color. Even though the Naz is finding trouble with the Blue line. It makes me think it very well might pop through it. Now when I use the red line it makes me think no way is it popping today. Very good observation and I have never thought of this….

Runner

03-17-2005, 07:32 PM

http://img232.exs.cx/img232/5526/adissuenyse7dr.png (http://www.imageshack.us)
http://img232.exs.cx/img232/8708/adnasissues1pl.png (http://www.imageshack.us)
http://img232.exs.cx/img232/3747/udvolumenyse4gu.png (http://www.imageshack.us)
http://img232.exs.cx/img232/6406/nazudvolume7pe.png (http://www.imageshack.us)

Runner

03-18-2005, 06:20 PM

Time to purge the list, Changing scan over to STO. A few that has moved up through the 20 line.

ATHR EWZ CHS CRXL EPEX GMRK LRW LMIA PTEC TSY

Thursday’s list.
COCO GLBL IBN MAPS TGA

Runner

03-18-2005, 07:15 PM

http://img238.exs.cx/img238/5885/adnasissues5mz.png (http://www.imageshack.us)
http://img238.exs.cx/img238/8360/nazudvolume7lp.png (http://www.imageshack.us)

Runner

03-18-2005, 10:39 PM

Weekly charts not looking bad:
ABRX AM(3rd time) BVN CVG GILD HMA HTRN IPXL SYXI PSTI

Runner

03-20-2005, 11:04 AM

I think the Naz is in a tricky place right now. It is possible on this weekly chart the channel could end @ the 50% fib line or around 1970 area. Short term I'm thinking we may see a bounce up, but the channel very well may get tested
http://img72.exs.cx/img72/338/nazweekly4aq.th.png (http://img72.exs.cx/my.php?loc=img72&image=nazweekly4aq.png)
(once image dowloads click on it one time to enlarge)

Runner

03-21-2005, 06:34 PM

http://img176.exs.cx/img176/6417/adnasissues4jy.png (http://www.imageshack.us)
http://img176.exs.cx/img176/4108/nazudvolume3oa.png (http://www.imageshack.us)

Runner

03-22-2005, 08:41 AM

Well here is my take on the NYSE using EW. I’m in the beginning stages of this study and so take this chart with a grain of salt. EW is not an easy thing to learn, but with time it will become easier. I can see a huge benefit in learning this.
http://i141.exs.cx/img141/159/nysetripletrhee1yu.th.png (http://img141.exs.cx/my.php?loc=img141&image=nysetripletrhee1yu.png)

Runner

03-22-2005, 04:01 PM

http://img64.exs.cx/img64/1141/hma6sf.png (http://www.imageshack.us)

Runner

03-22-2005, 08:35 PM

http://img165.exs.cx/img165/8853/adnasissues5il.png (http://www.imageshack.us)
http://img165.exs.cx/img165/1921/nazudvolume5bl.png (http://www.imageshack.us)

Runner

03-23-2005, 06:53 PM

http://img106.exs.cx/img106/2723/adnasissues3oa.png (http://www.imageshack.us)
http://img106.exs.cx/img106/3563/nazudvolume1jz.png (http://www.imageshack.us)

Runner

03-24-2005, 10:38 PM

http://img214.exs.cx/img214/7850/adnasissues3ll.png (http://www.imageshack.us)
http://img214.exs.cx/img214/209/nazudvolume1bw.png (http://www.imageshack.us)

I’ve got some PC problems the last 2 days and messed up and deleted my portfolio on Medved.

Runner

03-28-2005, 08:11 PM

http://img35.exs.cx/img35/278/adnasissues5ca.png (http://www.imageshack.us)
http://img35.exs.cx/img35/6066/nazudvolume7rx.png (http://www.imageshack.us)

Runner

03-29-2005, 07:42 PM

http://img180.exs.cx/img180/6496/adnasissues0th.png (http://www.imageshack.us)
http://img180.exs.cx/img180/6181/nazudvolume4wr.png (http://www.imageshack.us)

IIC

03-29-2005, 08:25 PM

Runner...what happened to the NYSE charts?

Runner

03-30-2005, 09:56 PM

http://i154.exs.cx/img154/8987/adnasissues6qa.png (http://www.imageshack.us)
http://i154.exs.cx/img154/205/nazudvolume2mj.png (http://www.imageshack.us)

Looks as if the BULLS came out to play today, Be Careful!!

Runner

03-30-2005, 10:15 PM

IIC, I’ve been to lazy to post the NYSE info, sorry. I’ve got in on file. I’ll post it in the future. I figured most were not interested in it.

IIC

03-31-2005, 01:52 AM

IIC, I’ve been to lazy to post the NYSE info, sorry. I’ve got in on file. I’ll post it in the future. I figured most were not interested in it.

NP...Appreciate whatever you have time for...Thx...Doug(IIC)

Runner

03-31-2005, 12:48 PM

03/31/05 Nazdaq100 trend Down @ 60 min.
AMAT short 200 @ 16.55 Cover 16.39

Yahoo Short 200 @ 33.85

Runner

03-31-2005, 01:05 PM

Out YHOO @ 33.92

Runner

03-31-2005, 02:18 PM

03/31/05 Nazdaq100 trend Down @ 60 min.

Not enough oscillation with YHOO. I should not have taken it short, not to mention the 15 sma is acting as support for now. AMAT is riding the 5 sma nicely and I may have pulled out to soon. Just trying to learn a new system!

Runner

03-31-2005, 10:10 PM

http://img127.exs.cx/img127/6907/adissuenyse2jo.png (http://www.imageshack.us)
http://img127.exs.cx/img127/9839/adnasissues1cl.png (http://www.imageshack.us)
http://img127.exs.cx/img127/7690/udvolumenyse4ka.png (http://www.imageshack.us)
http://img127.exs.cx/img127/8381/nazudvolume0qf.png (http://www.imageshack.us)

Runner

03-31-2005, 10:31 PM

May look to go long MSFT tomorrow!

jiesen

03-31-2005, 11:04 PM

May look to go long MSFT tomorrow!

join me in the Dark Side. together we can rule the Galaxy.

MSFT is a good choice, imo, and I think you should stick with it for the long haul. I'm not sure there's anything that can stop those evil bastards from owning everything, and it's probably a wise move to bet at least a little bit on the worst-case scenario.

resistance is FUTILE!!!

Runner

03-31-2005, 11:15 PM

I like the fact that MSFT has been running in a nice little channel. Notice the 6 plays one could have taken on both the long and short side today alone!
http://img217.exs.cx/img217/8774/msft4ba.png (http://www.imageshack.us)

Runner

04-01-2005, 09:10 AM

04/01/05 Nasdaq 100 appears to be sitting in a C/W/H on 13 min chart

0800 Futures appear to be set to open higher. Alarms are set . AMAT and MSFT moving in pre market. Might see a gap up followed by shorts trying to fade the gap?? I expect some volatility in the first 30 minutes and will sit out..

Pre- market money flow
BBH (biotech) money in
SWH (software) money in
SMH (semi’s) money out

Websman

04-01-2005, 10:05 AM

join me in the Dark Side. together we can rule the Galaxy.

MSFT is a good choice, imo, and I think you should stick with it for the long haul. I'm not sure there's anything that can stop those evil bastards from owning everything, and it's probably a wise move to bet at least a little bit on the worst-case scenario.

resistance is FUTILE!!!

I'd be willing to lick the bottom of Bill Gate's shoes for a measly portion of his money...

Runner

04-01-2005, 08:18 PM

http://img16.exs.cx/img16/6498/adissuenyse1lg.png (http://www.imageshack.us)
http://img16.exs.cx/img16/7226/adnasissues8wq.png (http://www.imageshack.us)
http://img16.exs.cx/img16/265/udvolumenyse1gx.png (http://www.imageshack.us)
http://img16.exs.cx/img16/4963/nazudvolume3lx.png (http://www.imageshack.us)

Runner

04-01-2005, 08:30 PM

My streaming indices were down all day. Something was wrong with the backfill from Scottrade through Medved, Never the less it looks like the market chopped around. MSFT did not do well and I did not like the action of it or most stocks on my list.

Runner

04-01-2005, 11:25 PM

Just playing with some charts. Notice the structure of this chart,It is obvious that the BULL line is next to non exsistant!
http://img160.exs.cx/img160/5325/nazchart0mc.png (http://www.imageshack.us)

IIC

04-02-2005, 12:08 AM

Runner...What happened...Who wants a 1 day chart??? ;)

Runner

04-02-2005, 09:46 AM

IIC, it is the first trading day of a new month. If I keep all the data in one format it looks all cluttered up. Notice by the end of last month how the charts started getting distorted. I don’t want to stretch them to take up the whole page.

Runner

04-02-2005, 09:59 AM

I’ve been reading about market structures and something I’d like to share is the power of the “V” formation.
Notice this example Also the “V” Works with different time frames..
http://img28.exs.cx/img28/8091/vee1jc.png (http://www.imageshack.us)
http://img203.exs.cx/img203/3571/nazzz3fe.png (http://www.imageshack.us)

Runner

04-02-2005, 10:24 AM

What if anything does this chart tell you???

http://img70.exs.cx/img70/6506/nazzz0ro.png (http://www.imageshack.us)

Runner

04-02-2005, 10:54 AM

My longer-term thinking is Bear down to 1750 and Bullish if we can hold above 2100. Yes we will have bounces and more chopping around ahead of us IMO. We may ever test the 2100 area again, Difficult market at the present, But hey this is just my take. I’ve surely been wrong in the past. I do see the possibility the BEAR line will possibly get tested in the coming future.

Runner

04-02-2005, 12:03 PM

Well the bullets have been flying and the artillery is landing all around us. The thing about the bombs is they make a deep hole in the earth. The sad reality of it all is that the round that takes you out you never hear it. What does this have to do with the market you ask? Well look the indices and see the battlefield. BULL soldiers have been hunkering down in their foxholes as the massive pounding of the BEARS has taken grip. It is always better to be on the offensive then the defensive, because you chose the time and place of your attack. Look at the BULL U/D volume from last month. Pretty sorry effort on the BULLS part. Once you get an edge on the enemy you drive it down their throat and twist the blade of your bayonet. No mercy and as we know the market has no mercy on us small time investors/traders.

The BULLS better find a way to rise to the occasion and come out of them holes and conduct a counter attack with force so extreme it sends the BEARS in retreat over the hills. Once the window is open you send your best troops in to destroy the enemy. Once the wall is blown we move with speed and force unmatched by anyone on this planet. Smoke conceals our movements as we storm with barrels blazing and we persist until we have retaken our ground.

I put this little writing in my journal yesterday. And I’m not sure anyone else here would be able to understand the words written, but I’m bored with the market right now

skiracer

04-02-2005, 12:28 PM

These are the worst of times for traders. Markets are giving off anything but clear signals of it's intended direction. Having a hard time finding decent setups really worthwhile. Truly a market ready to trap you. And we're bored and looking for something either long or short. Perfect time to compromise your disciplines and judgement to take a position partly due to boredom and nothing else to do. The inaction is the pits but to those who control the emotion and sit it out safely somewhere while the volitiality subsides, they will last longer and become stronger in their control of the emotional side of this. It enhances the chances of winning immeasurably.

Runner

04-03-2005, 10:19 PM

When I get these mixed signal I normally stay out. I’ve been in mixed mode for a while now. Skiracer your right if one is not sure what to do it often is best to do nothing. Oil seems to be smoking crack and that is about all I see based on my money flow watch, but this is a new week and we know some will win and some will lose.

The choppy action can turn on a trader/investor in a heart beat, but many will still click that mouse as they watch a gain turn into a lose. Then they turn to hope as they watch the lose slip down further. I always try to plot an ETS (entry,target,stop). And in these choppy times your stop will get triggered often then the next day you scratch your head as the price jumps up big time. This does not matter what matters is that one follow the plan. My DT’s have been low risk and low reward. By this I don’t expect huge profits. I’ve also scaled back the number of shares based on conditions, but money management is what also keeps one in the game. Many will argue that entry is not important, but to me it is. Sure I’ll never get in at the bottom, and never sell at the top, but greed can get the best of a trader/investor. Anyway last week was not very impressive and I only traded a few times and scratched on both. After that I just turned the screen off the left for the day!!

Runner

04-03-2005, 10:28 PM

Monday watch:
BBH (Bio) to reverse up
OIH (Oil) long signal still valid, but might run out of steam soon
RTH (retail) MLS in place waiting trigger line
SWH (software) looking short off MSH

skiracer

04-03-2005, 10:31 PM

My biggest battle is controlling the desire to trade even when the markets are telling me to stay on the sidelines an I know that's the best place to be.
Controlling your emotions under all circumstances is in my opinion the single most important factor. Not only in trading when you should be in cash but on entry and exit strategys an holding to your plan for every trade.
Thanks for your take on HTRN earlier.

Runner

04-03-2005, 10:47 PM

http://img109.exs.cx/img109/2014/oih4vl.png (http://www.imageshack.us)

Runner

04-03-2005, 10:56 PM

The aggressive investors went short off first MSH and placed stop at high of that day. Notice how 4 ticks over they would have been stopped out. I saw the gap up as a bullish move and this sent some shorts scrambling. Especially given the oil madness. The 2nd blue arrow gave a signal that the buyers did not want to pay higher prices. Even still the bulls stepped up to the plate and keep the price up.

I believe it is up to us to attempt to figure out what might occur next. I always expect the price to drop when I see a MSH and the price to climb when I see a MSL. The 3rd tic will be the confirmation signal that higher prices may be coming, but we always look for the buying energy to either increase or decrees.

Runner

04-04-2005, 08:47 PM

http://img160.exs.cx/img160/606/adissuenyse5kd.png (http://www.imageshack.us)
http://img160.exs.cx/img160/6147/adnasissues8tv.png (http://www.imageshack.us)
http://img160.exs.cx/img160/992/udvolumenyse4hl.png (http://www.imageshack.us)
http://img160.exs.cx/img160/4641/nazudvolume8yz.png (http://www.imageshack.us)

Runner

04-04-2005, 09:56 PM

Runner

04-04-2005, 10:01 PM

http://img73.exs.cx/img73/5576/nazchart2om.png (http://www.imageshack.us)

skiracer

04-04-2005, 10:20 PM

I'm not sure which way it's going to track but here's something that I found of interest about the last four days of last week. You can't hide the big money selling off. Of course that doesn't mean it will continue into this week. We got a little something at the end today but still didn't amount to an accumulation day.

The upper is the S&P 500 and the lower is the Nasdaq. Unless you actually track the up and down days of volume vs gain and loss in each of the indices it's easy to not see what the institutional money is doing because they are like thieves in the night an everything they do is to mask their manuevers from the retail guys. These charts don't lie an are indicative of discreet distribution last week. This isn't sector rotation out of one into another. This is selling off postions into strength at the end of the day to get into cash.

Runner

04-05-2005, 08:54 PM

http://img61.exs.cx/img61/1276/adissuenyse7vn.png (http://www.imageshack.us)
http://img61.exs.cx/img61/6188/adnasissues9ow.png (http://www.imageshack.us)
http://img61.exs.cx/img61/5734/udvolumenyse4rb.png (http://www.imageshack.us)
http://img61.exs.cx/img61/7326/nazudvolume1or.png (http://www.imageshack.us)

Ski, thanks for the great info!!

Runner

04-05-2005, 09:30 PM

Monday watch:
BBH (Bio) to reverse up
OIH (Oil) long signal still valid, but might run out of steam soon
RTH (retail) MLS in place waiting trigger line
SWH (software) looking short off MSH

Wed:
BBH (bio long)
HHH (internet short)
PPH (Pharm)
RTH (long)
SWH ( waiting for trigger line)

dmk112

04-05-2005, 09:57 PM

Skiracer, where are you getting those article images from if you don't mind me asking ;)

skiracer

04-05-2005, 10:32 PM

DMK112,
I get those reports from an outfit called Morpheus Trading Group. It's run by a guy named Deron Wagner who is a swing trader dealing in ETF's and stocks. I subscribe to his daily ETF report which he calls the "Wagner Daily". You can access his reports and everything else free at his site,
Morpheustradinggroup.com. Definitely worth taking a look at an you can sign up for a free 1 month trial. Let me know if you have any problem accessing his site or manuevering around there. There are also a couple of other free reports you can sign up for from him. He's a pretty sharp guy and anyone would learn alot from him.

IIC

04-05-2005, 11:51 PM

Ski...Your post about the times of day stuff reminds me of a trader friend of mine...He is F/T...watches the market all day and then buys movers on vol in the last hour...mostly in the last 15-20mins. His theory is that the majority don't know what is happening...so they put in Market orders at the open the next day because they heard about something the night before...then he cashes out... usually during the first 20 mins the next morn.

skiracer

04-06-2005, 07:48 AM

I can't say I never make any trades within the first half hour after the open but I try to keep that rule. To many times of getting my head handed to me from buying in the premarket or right at the open an then in a half hour or so it fails to hold the gap up or down an I'm left holding the proverbial bag. Your buddy has a good plan as long as he can stay right on top of those moves.

Runner

04-06-2005, 07:16 PM

http://img164.exs.cx/img164/4262/adissuenyse3mj.png (http://www.imageshack.us)
http://img164.exs.cx/img164/2569/adnasissues8ve.png (http://www.imageshack.us)
http://img164.exs.cx/img164/70/udvolumenyse1vt.png (http://www.imageshack.us)
http://img164.exs.cx/img164/4485/nazudvolume9fd.png (http://www.imageshack.us)

Runner

04-07-2005, 08:20 PM

http://img188.exs.cx/img188/489/adissuenyse7ec.png (http://www.imageshack.us)
http://img188.exs.cx/img188/5016/adnasissues5tg.png (http://www.imageshack.us)
http://img188.exs.cx/img188/7948/udvolumenyse4mz.png (http://www.imageshack.us)
http://img188.exs.cx/img188/4888/nazudvolume0gn.png (http://www.imageshack.us)

Runner

04-08-2005, 02:01 PM

http://img76.exs.cx/img76/8619/ptmk0jt.png (http://www.imageshack.us)

Loaded it yesterday and forgot about it!!

Runner

04-08-2005, 04:33 PM

http://img73.exs.cx/img73/5576/nazchart2om.png (http://www.imageshack.us)

Looks as if were in Bear Country!!

Runner

04-08-2005, 05:50 PM

http://img143.exs.cx/img143/9484/adissuenyse2qr.png (http://www.imageshack.us)
http://img143.exs.cx/img143/7745/adnasissues2rl.png (http://www.imageshack.us)
http://img143.exs.cx/img143/4598/udvolumenyse7tv.png (http://www.imageshack.us)
http://img143.exs.cx/img143/1753/nazudvolume7cp.png (http://www.imageshack.us)

Runner

04-09-2005, 12:00 PM

John Murphy's Industry chart performance

http://img48.exs.cx/img48/7435/jm8wp.png (http://www.imageshack.us)

Runner

04-09-2005, 12:06 PM

Notice the last few trading days!!
http://img48.exs.cx/img48/6321/jm8hr.png (http://www.imageshack.us)

Runner

04-09-2005, 12:14 PM

Wed:
BBH (bio long)
HHH (internet short)
PPH (Pharm)
RTH (long)
SWH ( waiting for trigger line)

Mondays Watch:

BBH (bio) looking for short
HHH looking for trigger short
PPH looking for trigger short
OIH short
SMH looking for trigger short

Runner

04-09-2005, 12:29 PM

N5 from MSH will give better indicator of short signal on HHH
http://img200.exs.cx/img200/5660/hhh2nq.png (http://www.imageshack.us)

spikefader

04-09-2005, 03:08 PM

Notice the last few trading days!!
http://img48.exs.cx/img48/6321/jm8hr.png (http://www.imageshack.us)$BTK weekly channel short this past week. And daily channel short (with expansion) on Thurs/Fri. Also minor price resistance of 515.70. Good place to start looking for intraday shorting patterns.

Runner

04-09-2005, 06:21 PM

Last chart on OIH, Notice were I've plotted safest short potential with were I believe to be a key area to breach.

http://img190.exs.cx/img190/1112/oih11kb.png (http://www.imageshack.us)

Runner

04-10-2005, 11:37 PM

$BTK weekly channel short this past week. And daily channel short (with expansion) on Thurs/Fri. Also minor price resistance of 515.70. Good place to start looking for intraday shorting patterns.

Spike, I’m seeing several setting up on the short side going into Monday. Earning season may bring on more Volatility also I’d proceed with caution over this coming week. Pop one day crash the next. Does not bode well with longs IMHO...!!

Runner

04-11-2005, 08:52 PM

http://img102.echo.cx/img102/7097/adissuenyse0mv.png (http://www.imageshack.us)
http://img102.echo.cx/img102/8674/adnasissues8gd.png (http://www.imageshack.us)
http://img102.echo.cx/img102/1056/udvolumenyse5pd.png (http://www.imageshack.us)
http://img102.echo.cx/img102/1431/nazudvolume2yh.png (http://www.imageshack.us)
http://img137.echo.cx/img137/446/s8mh.png (http://www.imageshack.us)
http://img102.echo.cx/img102/9868/volsignals3xf.png (http://www.imageshack.us)

Runner

04-11-2005, 10:45 PM

I don’t like the action of the market right now and so I’m back on the sidelines. After all we don’t need to be in the market everyday. I think both the short side and long side have increased risk. I’ve read somewhere on this forum about mixed signals. That is what I’m getting also. I’ve seen short signals turn long and long turn short today. This tells me to move into cash mode and preserve my capital.

This week may prove to be an interesting one. Remember this is my take and we all know what this means (nothing because the market don’t give a rip), but if your long or short good luckkkk !!!!!!

IIC

04-12-2005, 01:19 AM

Thx 4 the new info...appreciate it...IIC

Runner

04-12-2005, 11:55 AM

Mondays Watch:

BBH (bio) looking for short
HHH looking for trigger short
PPH looking for trigger short
OIH short
SMH looking for trigger short

Most of the shorts worked nicley.

Runner

04-12-2005, 11:59 AM

I notice we have moved into the high volatility range on the Nasdaq comp. This could mean things will accelerate. Still early but something to make a note of

Runner

04-12-2005, 01:28 PM

Nasdaq Comp. Intraday. Man them bands are tight. Something is in the horizon!!

http://img82.echo.cx/img82/6305/nazintraday8am.png (http://www.imageshack.us)

Runner

04-12-2005, 01:38 PM

Nasdaq 100 Intraday
http://img64.echo.cx/img64/5379/naz1009vg.png (http://www.imageshack.us)

Runner

04-12-2005, 02:58 PM

Nasdaq Comp. Looks pretty close.
http://img196.echo.cx/img196/5176/naz13vw.png (http://www.imageshack.us)

Runner

04-12-2005, 08:04 PM

http://img200.echo.cx/img200/787/adissuenyse3vx.png (http://www.imageshack.us)
http://img77.echo.cx/img77/7637/adnasissues1ku.png (http://www.imageshack.us)
http://img200.echo.cx/img200/9492/udvolumenyse0dy.png (http://www.imageshack.us)
http://img200.echo.cx/img200/2872/nazudvolume1fd.png (http://www.imageshack.us)
http://img200.echo.cx/img200/3083/nasdaqnewhighlows4ax.png (http://www.imageshack.us)
http://img200.echo.cx/img200/904/volsignals4ij.png (http://www.imageshack.us)

IIC

04-12-2005, 09:35 PM

Runner...I really appreciate you posting these graphs...However, you forgot to add today's A/D Naz Issues...Sorry to be picky...Thx...IIC

Runner

04-12-2005, 10:13 PM

IIC, sorry about that. I got to many windows open!!

Runner

04-12-2005, 10:54 PM

I’ve added a new signal I’m tracking and it has to do with market volatility. Many get confused about this but I’ve plotted the ranges from low to high volatility signals. This can be used also in identifying potential reversal signals.

Once today breached the 1979.81 area by 1 tic we went into high mode. I will track this for a while to see if it’s worth my time to compute. Once a Volatility trend begins, it tends to persist. This leads me to believe we may continue to see higher volatility and a possible a reversal upward into the market. I’m also anticipating a completion of (5a)down. Better comfirmation signals coming!!

We shall see if this signal amounts to anything or not!!

Runner

04-12-2005, 11:31 PM

WeD:
HHH- looking for long (Ebay AMZN YHOO)
SMH- looking for long (NVLS AMAT)
RTH- (HD WMT)

MEA_1956

04-13-2005, 01:23 AM

HD === as I looked over my longs this weekend I opited to put a little more down on HD, an things are working out so for. If I end the week in good shape on this one it will be my best swing trade. Marlin

Runner

04-13-2005, 08:23 PM

http://img217.echo.cx/img217/3070/adissuenyse5ow.png (http://www.imageshack.us)
http://img217.echo.cx/img217/4799/adnasissues7dt.png (http://www.imageshack.us)
http://img217.echo.cx/img217/3871/udvolumenyse1oc.png (http://www.imageshack.us)
http://img217.echo.cx/img217/3392/nazudvolume2qy.png (http://www.imageshack.us)
http://img217.echo.cx/img217/1139/nasdaqnewhighlows7bb.png (http://www.imageshack.us)
http://img217.echo.cx/img217/4942/volsignals9mk.png (http://www.imageshack.us)

Runner

04-13-2005, 08:32 PM

I'll sit on the sidelines until this choppy mess clears up.

Runner

04-14-2005, 06:35 PM

http://img128.echo.cx/img128/2967/adissuenyse4xf.png (http://www.imageshack.us)
http://img128.echo.cx/img128/1963/adnasissues6ab.png (http://www.imageshack.us)
http://img128.echo.cx/img128/3643/udvolumenyse8li.png (http://www.imageshack.us)
http://img128.echo.cx/img128/2850/nazudvolume3st.png (http://www.imageshack.us)
http://img128.echo.cx/img128/9412/nasdaqnewhighlows2no.png (http://www.imageshack.us)
http://img128.echo.cx/img128/8423/volsignals5rl.png (http://www.imageshack.us)

Runner

04-14-2005, 09:26 PM

Journal for today- Well it looks like the market has been accelerated in a downward fashion. Is it sudden panic and if so this is a positive? Well very good chance that if you own a stock it probably has not worked out for ya. Sure you can find those that pop up, but look at the chart of the indices, looking simply awesome. I know many traders/investors lost a lot of cash this week.

I expect the anticipatory investors/traders will nibble on some stocks very soon. Realize these investors often get rewarded nicely for their efforts, but they are not committed to the stocks they hold. They will often times sell when the first rally attempt hits a wall. Them they flip the first rally and go short. They par out of a position once a target has been met and downside risk is set tight. They know things may change quickly and they always are prepared to short. You herd of the bottom fisherman right?

Next ones to join into the market are referred as the impulse buyers. They come to the market in more numbers. These guys are more likely committed to the trend that is beginning. They also are more committed to the stock and because of this they are willing to allow a little more downside risk. They buy more eagerly. As the market moves higher more trend buyers step up to the plate and this creates the trend we all so much love.

The last ones are your emotional buyers. These guys jump in because the market is simply moving up. They buy anything that moves and most of the time they buy in late. They are greedy and they just know there stock is going to the moon. They ofter will sit with a blank stare as they watch the position begin to sink. No stop point, no target, nothing now but hope.

Then after a period of time the Greed will give in and then we see fear. People in masses head for the gates and exit in masses. Those Anticipatory traders sense this and they go short. Panic then hits a higher level and the market begins to chop around and pop and drop trying everything it can to take your hard earned money. Your broker then tells you how much X stock is now a bargain. You listen to him and then buy 500 of X stock only to see it burn in. Then you understand why your BROKER has just made you broker. The talking heads on TV will talk about how the sky is falling and now when we here this it is time to start looking for longs.

Remember it is humans that move this market and how they perceive the market is simply something that has baffled people forever. Our job is to trade what we see and admit our faults take our licks and more on. Review your journals and see what you have written down about your perception of the market. That’s right your perception. After all we all have our own perception on what has happened and what we think will happen..

And so this is a closure to my journal for Thursday April 14th 2005…>>><<00.1

skiracer

04-14-2005, 09:45 PM

Nicely put Runner. The group of traders in the first paragraph are like sharks in a minnow pond. They have no emotion, only the sense of a meal,profits, when the timing is right and not until then. Much better to be a shark than a minnow.

Runner

04-14-2005, 10:14 PM

Not sure if anyone has paid attention to the volatility signals I’ve posted, but I must say thus far I’m impressed with the results of this study. It still is to early but notice the numbers of the range. Once we entered into the high volatility range notice the action on the indices.

Runner

04-14-2005, 10:38 PM

http://img162.echo.cx/img162/8431/nazzz9zg.png (http://www.imageshack.us)

Runner

04-15-2005, 06:35 PM

http://img239.echo.cx/img239/8634/adissuenyse5hz.th.png (http://img239.echo.cx/my.php?image=adissuenyse5hz.png)
http://img239.echo.cx/img239/4656/adnasissues4uc.th.png (http://img239.echo.cx/my.php?image=adnasissues4uc.png)
http://img239.echo.cx/img239/286/udvolumenyse7vj.th.png (http://img239.echo.cx/my.php?image=udvolumenyse7vj.png)
http://img239.echo.cx/img239/807/nazudvolume7rc.th.png (http://img239.echo.cx/my.php?image=nazudvolume7rc.png)
http://img239.echo.cx/img239/7061/nasdaqnewhighlows1ja.th.png (http://img239.echo.cx/my.php?image=nasdaqnewhighlows1ja.png)
http://img239.echo.cx/img239/3995/volsignals1gd.png (http://www.imageshack.us)

B.J

04-15-2005, 06:41 PM

Thanks for the volitility chart, Runner. Uncanny how that's been working of late.

skiracer

04-15-2005, 06:47 PM

Runner,
Could you explain what goes into the volitaility index. What are the parameters or specifics that you plug into it to determine the value for whether it is to volitaile or not.

Runner

04-15-2005, 07:20 PM

This is an experiment and thus is being treated as one. Most people only relate volatility to a sinking market. I’m going one step further by using a range to determine low and high volatility signals.

Right now we are in a high (Volatility short) range. By looking at a chart of the Nasdaq one could easily see the signal has worked well for shorting the market. Notice the first day from my chart I posted the high range was triggered. This coincided with my weekend research as I’ve seen many stocks setting up on the short side. This has favored the short side of the market, but anyone knows this. I’m going to be looking for a reverse in the volatility to a LONG range. When this will happen is anyone’s guess and so we shall just play it each day.

The formula is simplistic in nature.

NYSE closing price X 0.001618= then add and subtract from the closing price to get the low range.

For high range go with X 0.01618

Nasdaq 100 X 0.01618 Low range and X 0.03618 for high. I don't have the data for the Nasdaq compq and so I'm trying the one from the NYSE.

I hope this helps!

Runner

04-17-2005, 10:47 AM

Anyone care to give a stab on my waves? Not for sure so take with a grain of sand!!
If 5-wave completion is in we should have 3 waves down. This chart is of the Nasdaq. This is assuming that wave 3 is finished at the 50% fib line.
http://img73.exs.cx/img73/7997/naz12gs.png (http://www.imageshack.us)

Posted this chart on 04/04 looks like the 5a wave may need to be adjusted. If we make a 3 wave corrective move I think 1750’s is a possibility, but just my take. We all know what the market thinks of what my take is on it. If the 50 slides under the 200dma this will put the nail in the coffin.

Runner

04-18-2005, 09:25 PM

http://img54.echo.cx/img54/3821/adissuenyse9ci.th.png (http://img54.echo.cx/my.php?image=adissuenyse9ci.png)
http://img54.echo.cx/img54/9818/adnasissues0dt.th.png (http://img54.echo.cx/my.php?image=adnasissues0dt.png)
http://img54.echo.cx/img54/356/udvolumenyse8vv.th.png (http://img54.echo.cx/my.php?image=udvolumenyse8vv.png)
http://img54.echo.cx/img54/453/nazudvolume0jr.th.png (http://img54.echo.cx/my.php?image=nazudvolume0jr.png)
http://img54.echo.cx/img54/1487/nasdaqnewhighlows2vr.th.png (http://img54.echo.cx/my.php?image=nasdaqnewhighlows2vr.png)
http://img54.echo.cx/img54/9292/volsignals1yl.png (http://www.imageshack.us)

Reason you see the High range green is because we breached the 1919 area, this put us into high range!