Runner's Rascals

[Runner]

Weekly charts worth a look:

CBRX- broke the down trend line from back in 2003. Currently popping out of the range
TRMS- currently trading in a range and a move above this range might offer a good buy in.
IOTN- appears to be breaking out of a symmetrical triangle. Volume needs to increase though
TMM- trying to pop out of a 2 year triangle volume has not been looking bad.
CBST- has broken out of a 2 year range with good volume
AIS- is moving out of a 14 week symmetrical triangle on nice volume
MESA- bumping its head at old R, could also be a ascending triangle. Move above top line could trigger a buy.
HOS-has been running in a 1 ½ year channel in a nice uptrend
AMT- has a nice tight chart over the last few years
EDS- has been range bound since 2003 pop above range could trigger a long
CDN- has currently cleared a ascending triangle. Bounced off top line after 3 weeks and appears to be consolidating.

[Runner]

My buy alert is MESA



This is a Quarterly chart



Whats not to like about this chart?

[Runner]

Market looking funky...hahaahaa
Memory chips moving out of a 6 mo trading range

[Runner]

Weekly charts worth a look:

CBRX- broke the down trend line from back in 2003. Currently popping out of the range
TRMS- currently trading in a range and a move above this range might offer a good buy in.
IOTN- appears to be breaking out of a symmetrical triangle. Volume needs to increase though
TMM- trying to pop out of a 2 year triangle volume has not been looking bad.
CBST- has broken out of a 2 year range with good volume
AIS- is moving out of a 14 week symmetrical triangle on nice volume
MESA- bumping its head at old R, could also be a ascending triangle. Move above top line could trigger a buy.
HOS-has been running in a 1 ½ year channel in a nice uptrend
AMT- has a nice tight chart over the last few years
EDS- has been range bound since 2003 pop above range could trigger a long
CDN- has currently cleared a ascending triangle. Bounced off top line after 3 weeks and appears to be consolidating.

CBRS- weekly chart


MESA=booomm

[Runner]

Flagging TRMS for possible buy alert tomorrow

[dmk112]

DMK, good point. Here is what I see. Would like lower retest, but who knows.

STV

I think your point got hit today, double bottom on the intraday too! Did you get it?

[Runner]

DMK, I did not enter any longs today due to obvious reasons. Hey it did hit my target price though.

[dmk112]

DMK, I did not enter any longs today due to obvious reasons. Hey it did hit my target price though.

Yea I figured, you have to be brave sometimes

[Runner]

Looking into a trading system that uses volatility extremes as signals. This chart is an example. I have not put this to the test and only exploring the possibilities. What I’m seeing is close to a top the indicator will show an extreme volatility spike. This is followed by a downward surge in the indicator. After this surge is where things become interesting.

I’ll look for a a cross over of the 10-20 dma and look to go long first day market is above the 9 dma. In this example the cross occurred on 08/25/05. Now all I needed was for the 9dma to get below price this happened a few days latter. Signal long on CHKP.

Now the exit is different and still under research mode. I guess this can be used. One big factor in the indicator is the huge spike near tops followed by a strong down surge. Notice the double top from the indicator as it also lined up with price showing same thing.

In view of many charts I’ve noticed that 5-10 days seems to be about average time from signal long was received. These signals seem to have all happened back in the end of AUG. So this informs me that in this choppy market one needs to be quick with taking profits.

I’ll continue to investigate and tweak this as Spike mentioned it might be worth looking into. We are for the most part misinformed when it comes to volatility and think when the market tanks its because of the volatility. Well this is also true when we made a profit. To a degree volatility must increase to drive prices upward.

Like I said I’m a while off from trying this and it is only an idea at this time.

[Runner]

I’ve wrote some code over the weekend that is designed for the Q’s I’m in the process of back testing it. Thus far back in 2004 the results have been pretty awesome. The set up approach is always in and either long on short. Signals generated will only be taken near the close. This system does not take intraday charts into consideration. Max down drawl allocated is set @ 3%. I’m not going to get into the code as it is still under research. Last signal put the Q’s short on 09/20/05. I have not put any money into this and so the real test is yet to come.

[Runner]

Interesting, I still have not yet received long signal on the Q’s

[New-born baby]

Runner's QQQQ

Interesting, I still have not yet received long signal on the Q’s

Runner,
Aren't the QQQQ's near resistance at $38.26? Here's a chart to show you what I mean:

I am looking at a possible short here. Short resistance, buy support.
Do you see that the QQQQ has been working on a descending triangle, and has broken beneath the support line, and is not coming up to retest the support line? It has formed a text book bear flag, don't you think, with the action the last week?

[Runner]

Runner,
Aren't the QQQQ's near resistance at $38.26? Here's a chart to show you what I mean:

I am looking at a possible short here. Short resistance, buy support.
Do you see that the QQQQ has been working on a descending triangle, and has broken beneath the support line, and is not coming up to retest the support line? It has formed a text book bear flag, don't you think, with the action the last week?

NB, yes it does seem to be bumping into R. Looks like a better short to me. Pre-M it is around 38.22. Interesting look right here. I’m still bear on the Q’s but lets see how this plays out. 3 min. chart could be a 3 up with possible tweezer top @ 38.22. I think it is in the make or break point here!!

[Runner]

NB, I agree on the BEAR-FLAG. I'm seeing many of them on charts..

[scifos]

I’ve wrote some code over the weekend that is designed for the Q’s I’m in the process of back testing it. Thus far back in 2004 the results have been pretty awesome. The set up approach is always in and either long on short. Signals generated will only be taken near the close. This system does not take intraday charts into consideration. Max down drawl allocated is set @ 3%. I’m not going to get into the code as it is still under research. Last signal put the Q’s short on 09/20/05. I have not put any money into this and so the real test is yet to come.

sounds interesting, keep us updated!