Runner's Rascals

[Runner]

[IIC]

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]

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

[Runner]

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]

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

[MEA_1956]

Hd

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]

[Runner]

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

[Runner]

[Runner]

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]

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]

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]

[Runner]

[B.J]

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