RunawayTrader

Adventure Travel Meets Online Stock Trading

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Entries from February 29th, 2008

Runaway Trader has a Tough Job—But Somebody’s Got to do It!

February 29th, 2008 · No Comments · Uncategorized

OK. So it was a lousy day on the stock market. So what? Runaway Trader dumped his shares of FSLR shortly after the open and picked up $500 which nearly paid for his entire trip.
Since my trading was done before we were more than a half-hour into the market, I had plenty of time to [...]

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More Perils of Runaway Stock Trading

February 29th, 2008 · No Comments · Uncategorized

Oops! I promised to sell my cache of Kruggerands but, alas, when the price of spot gold bested $965 — the point at which I told you I was to dump — I was here on Sunset Island, not within reach of my suburban Minneapolis safety deposit box where these coins are collecting dust.

APMEX, where [...]

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Runaway Charlie is on Sunset Island, Key West Florida

February 28th, 2008 · No Comments · Uncategorized

If seclusion and luxury are what you are looking for, you might look no further than Sunset Island, a 27-acre luxury island consisting of a resort and residential community.
Situated just 500 yards from historic “Old Town” Key West, it’s still just far enough offshore to avoid city noise, congestion, and what I might call, tourist [...]

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Help! Runaway Trader is Lost in an Ocean of Passwords

February 27th, 2008 · No Comments · Uncategorized

Passport? Check. Coffee pot? Off. Front door? Locked. Credit cards? Natch. Passwords? Uh-oh.

One of the things I fear most about Runaway Trading (other than baggage handlers playing kickball with my luggage) is that I’ll be stuck in some remote locale and forget the password I need to access an important online account. Like getting me [...]

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Runaway Trader is Dancing as Fast as He Can—But it’s Hard to Keep Up

February 26th, 2008 · 1 Comment · Uncategorized

I’m talking, of course, about modern technology and the future shock that always accompanies it.

Future Shock was that bestselling book published in 1970 and written by futurologist Alvin Toffler. In it, Toffler pointed out the crushing problems presented by modern technology and specifically the psychological disruption of individuals and societies in response to rapid technological change. Future [...]

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Are You as Bored as I Am?

February 25th, 2008 · No Comments · Uncategorized

Actually, I think I’d prefer the poke in the eye with a sharp stick than watch this stock market stumble and stutter like a wino who has just finished a six-pack of Sterno.
I mean, I’ve been patient. I’ve stifled my urge to dump the few stocks I own and head for a cozy sauna (not the [...]

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The Runaway Trader Plays Yours Truly, Johnny Dollar

February 23rd, 2008 · 1 Comment · Uncategorized

Years ago when I was a radio announcer in a small Minnesota city, I would drive the 155 miles back to my hometown of Minneapolis every two weeks to the accompaniment of my favorite radio drama (you remember those, don’t you?) Yours Truly, Johnny Dollar.
For those too young to remember radio drama, Johnny Dollar was

[...]

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When Gold Reaches $965, I’m Out!

February 22nd, 2008 · No Comments · Uncategorized

No King Midas, this guy. I know when to get out. At least, I think I do.
I’ve watched the spot price for gold and silver rise steadily these past months and have been told by bullion experts much smarter than I that gold will hit 1000 an ounce shortly after, but not because of, the [...]

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Runaway Trader Should Have Runaway—From This Bear Market

February 21st, 2008 · 2 Comments · Uncategorized

This market is soooo wimpy that I’m thinking of adopting a new trading strategy. Bear with me. Perhaps you’ve already tried it. Here goes: You short sell any stock at any time during the day and wait for it to fall. You won’t wait long; you’ll make millions since nearly all stocks are taking bath.
Of [...]

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Padding My Runway Trading Account

February 20th, 2008 · No Comments · Uncategorized

Discipline Masters the Market
You read a lot about “weak hands” on the Yahoo message boards, but today that psychological flaw failed to beat me up. I admit, however, that I bear the scars of countless floggings by this emotional shortcoming. Maybe I’m beginning to learn something.
As I promised a day or so ago, I dumped [...]

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