Runner's Rascals

PSSI triggers long 19.04

BONT- 32.99 area is worth keeping an eye on. Stock near double support

PSSI is nearing trigger zone!!

I Bull on EWJ down to 13.00..

Hey runner, are you still working with guppy multiple moving averages? what do you think of them? Seems like an elegant way to play off of the two trends, long and short term.

Scifos, I do look at them from time to time but I don’t base my decisions on them. I still prefer price action and trend lines to the guppies. From what I’ve seem the guppies do a pretty good job of showing the trend and or changes of trend. I guess your right it does seem to be an elephants approach..haha

[scifos]

Hey runner, are you still working with guppy multiple moving averages? what do you think of them? Seems like an elegant way to play off of the two trends, long and short term.

Possible Long

PSSI- this stock has been consolidating and basically moving sideways. I like the gap up back in Jan. PSSI has now currently moved up out of the consolidation zone and is in a first pull back. One could take it long at 19.04 with stop 17.99. Scale ½ position at 20.09 and trail rest. 1% model in effect if trade is taken..

I’ve got a bullish tone on SMH as it seems to be sitting near what I’d call triple support. It has also pulled back to its lower channel line and I’d expect a move up from here. If this general area is violated then I’d leave it alone. Remember support and resistance lines are approximate and not exact. I think SMH might offer a low risk entry here with a target back to prior highs. We shall see!!



I'm still bull on SMH!!

[New-born baby]

Nice!

I’ve been working on my blog for a while and should you care to look at my crazy charts and watch lists I’ll post here http://geoshorttermtrading.blogspot.com/

Thank you Runner for the nice work! I'll be following your work regularly.

I’ve been working on my blog for a while and should you care to look at my crazy charts and watch lists I’ll post here http://geoshorttermtrading.blogspot.com/

Watch- list 03/08/06
I purged my watch list and have these few that I’ll be stalking..

ADLR
DRUGS - Drug Manufacturers - Other
BONT
RETAIL - Department Stores
BOT
DIVERSIFIED SERVICES - Business/Management Services
CLDN
TRANSPORTATION - Air Delivery & Freight Service
GGB
METALS & MINING - Steel & Iron
IIIN
METALS & MINING - Steel & Iron
ITRI
ELECTRONICS - Scientific & Technical Instruments
IVAC
ELECTRONICS - Diversified Electronics
MDRX
INTERNET - Internet Software & Services
MEK
DIVERSIFIED SERVICES - Business/Management Services
MNST
MEDIA - Advertising Services
MTW
MANUFACTURING - Farm & Construction Machinery
PEIX
DIVERSIFIED SERVICES - Business/Management Services
PLT
TELECOMMUNICATIONS - Processing Systems & Products
SCSS
CONSUMER DURABLES - Home Furnishings & Fixtures
SIL
METALS & MINING - Silver
TRID
ELECTRONICS - Semiconductor - Specialized
TRMB
ELECTRONICS - Scientific & Technical Instruments
WFR
ELECTRONICS - Semiconductor - Integrated Circuits
WIRE
MANUFACTURING - Industrial Electrical Equipment

TMI pops out of the compression zone with a little move out today. I did not buy this stock or any, but just playing with the compression zone..

TMI follow through
OCPI huge move
BKHM huge move

[scifos]

Scifos, I like the fact that DRI has pulled back a little. I don’t like the sector action however and I feel others look better. I guess I just added it because of the nice clean p/b.

Here a few that I’ll be looking at closer tonight
DAKT COL ADCT KNDL CELL

It just showed up on mine because the recent pullback.

Semi-integrated chips
BRCM APTI AGR VLTR OCPI

Semi chips showing some compression
RMBS ATML MIPS