Runner's Rascals

This is an example of the Delta Relative Strength as it rotates through time as sectors rise and fall off the top 20 list. Notice how many sectors keep hitting in the top 5-10 spot. This does not signal a trade but just where the money has been flowing with in the sectors on a relative basis from past swing highs or lows.

Sector strength in relation to S&P
01/11/06-01/17/06 (swing point high to current)


01/03/06 –current S&P +1.11%


11/22/05-current S&P +1.72%


10/12/05-current S&P +8.94%

Can't work today eh Runner? It's a little stormy looking down here..

Webs winter time is my slack time. If I put in more than 12 hours per week sumfin wrong....

Next group


AIR AEROSPACE/DEFENSE - Aerospace/Defense Products & Services
ALKS BANKING - Foreign Regional Banks
ALY COMPUTER SOFTWARE & SERVICES - Business Software & Services
ARD CONSUMER NON-DURABLES - Textile - Apparel Clothing
ARNA DRUGS - Biotechnology
ATMI DRUGS - Diagnostic Substances
BCRX DRUGS - Diagnostic Substances
BLUD DRUGS - Drug Delivery
BRCM DRUGS - Drug Manufacturers - Other
BZH DRUGS - Drug Manufacturers - Other
CBK DRUGS - Drug Manufacturers - Other
CEPH ELECTRONICS - Printed Circuit Boards
CIB ELECTRONICS - Scientific & Technical Instruments
CMED ELECTRONICS - Scientific & Technical Instruments
CRM ELECTRONICS - Semiconductor - Integrated Circuits
DHI ELECTRONICS - Semiconductor - Integrated Circuits
FWLT ELECTRONICS - Semiconductor - Integrated Circuits
GDP ELECTRONICS - Semiconductor Equipment & Materials
GES ENERGY - Independent Oil & Gas
HLEX ENERGY - Oil & Gas Drilling & Exploration
HOV ENERGY - Oil & Gas Equipment & Services
HURC ENERGY - Oil & Gas Equipment & Services
JOYG FINANCIAL SERVICES - Investment Brokerage - National
KBH HEALTH SERVICES - Medical Instruments & Supplies
MCRI INSURANCE - Insurance Brokers
MFLX INTERNET - Internet Software & Services
MRVL LEISURE - Resorts & Casinos
NUVO MANUFACTURING - Diversified Machinery
OVTI MANUFACTURING - Farm & Construction Machinery
RES MANUFACTURING - Industrial Electrical Equipment
RYL MATERIALS & CONSTRUCTION - Heavy Construction
SAH MATERIALS & CONSTRUCTION - Residential Construction
SIRF MATERIALS & CONSTRUCTION - Residential Construction
TESOF MATERIALS & CONSTRUCTION - Residential Construction
TOA MATERIALS & CONSTRUCTION - Residential Construction
TRAD MATERIALS & CONSTRUCTION - Residential Construction
VRTX MATERIALS & CONSTRUCTION - Residential Construction
WBMD SPECIALTY RETAIL - Apparel Stores
WIRE SPECIALTY RETAIL - Auto Dealerships

Top 5 BCRX ARD CMED TRAD ALY
Bottom 5 NUVO TOA CBK MCRI MRVL

Gainers 16
Losers 22

TOT=+0.68%

I don't get it, you're playing airlines as oil rises?

Jim Smith, had you bothered to read my last few pages you would have learned I shorted airlines….

I don't get it, you're playing airlines as oil rises?

Stop in 13.20 JBLU

Stop out right at the close

Stop in 13.20 JBLU

[Websman]

Can't work today eh Runner? It's a little stormy looking down here..

I'm thinking JBLU might return to around the 12.00 area. Gap down and failure at the test followed by trigger short.

JBLU update:

<< Sometimes I’ve found this little technique useful as it may indicate where the money may be going. >>

This might help:

http://www2.barchart.com/sectors.asp?base=industry

This is also useful:

http://www.bullsector.com/bullsectorlists.html

Dave, to better answer your question I do a series of “Delta Relative Strength Sorts” of sectors in comparison with the S&P500. For example, last swing point low on 1/03/06 to current the S&P gained 1.48% in value. The following sub-sectors place in the top 5
Semi-Memory chips +17.33%
Building Materials Wholesale +12.45% and so on

Then I’ll pick out other swing points or major lows from different time points and see what rises to the top. This does not indicate that I trade a stock with-in the sector, but it does let me know the money was flowing into Semi-Memory chips when it has gone up 17.33% in such a short time. By applying this simple technique it helps in finding rotation of money. This simple technique is part of my annalist of the sectors and does pretty well at picking out rotation and influx of money flow within the sectors themselves.

Just wanted to clear this up with a more defined answer.

BG stop now @ 56.73
Target 60.34 scale 1/2

<< Sometimes I’ve found this little technique useful as it may indicate where the money may be going. >>

This might help:

http://www2.barchart.com/sectors.asp?base=industry

This is also useful:

http://www.bullsector.com/bullsectorlists.html

Dave, thanks for the links

Possible play On FWLT
I see possible trigger @ 42.45 with stop @ 40.03. Initial profit target 44.87 scale out ½ at profit target and trail rest.

<< Sometimes I’ve found this little technique useful as it may indicate where the money may be going. >>

This might help:

http://www2.barchart.com/sectors.asp?base=industry

This is also useful:

http://www.bullsector.com/bullsectorlists.html

Playing with charts tonight....