TigerSoft Elite Stock Professional Page
8/1/2010
(C) 2010 William Schmidt, Ph.D. www.tigersoft.com
This a market that is at a high inflection point.
Right
now there is a rally by mostly yield dividend stocks
that
takes the DJI past 10700 is a possibility.
If
this appeals to you, it is probably safer to trade the best
utilities
on their new red short-term Buys and Sell them
on
their reversing Sells. Here are some:
Symbol
System Signal Trading Gain
Trading Gain
Buys
& Sells Buys Only
Using Next Day's Opening
winning/losing
trades
biggest
paper loss
-----------
----------- ----------
-------------------- -----------------------------
CIG
5-d St-K Sell!
73.3%
42.8%
11 wins 3 losses -15.4%
CPN
5-d St-K Sell
73.0%
48.2%
10 wins 4 losses -15.4%
ITC
5-d St-K Sell
90.6%
49.3%
13 wins 3 losses -7.2%
MIR
5-d St-K Buy!
99.1%
17.4%
10 wins 4 losses -19.2%
NRG
20-d St-K Sell
104.4%
34.2%
7 wins 2 losses -12.1%
OTTR
20-d St-K Sell!
84.7%
24.9%
5 wins 1 losses -10.8%
PPL
5-d St-K Sell
82.1%
21.9%
12 wins 6 losses -7.3%
SAP
50-d St-K Sell!
100.6%
43.8%
3 wins 0 losses -4.9%
SB
14-d St-K Sell
291.0%
88.5%
9 wins 0 losses -16.3%
SBR
14-d St-K Sell
75.9%
53.1%
7 wins 1 losses -16.3%
SBX
14-d St-K Sell
134.6%
43.7%
10 wins 3 losses -9.89%
SCX
14-d St-K Sell
108.1%
57.5%
5 wins 0 losses -11.9%
TAC
20-d St-K Buy
88.8%
33.0%
5 wins 0 losses -15.4%
TE
14-d St-K Sell
78.7%
47.9%
9 wins 1 losses -7.8%
But
the possibility of a decline that breaks the 9600 neckline
and
brings another sell off. seems just as likely. So shorting
some
of the stocks mentioned as short sales seems a good idea,
especially,
since more of these are also weak in an up- market,
which
is another bearish sign, along with their weak Closing Powers.
Another
scenario: the DJI may just hold up here, trading back and forth
between
10700 and 1000 for another few months. Holding long and
short
positions in consistent with this.
Watch
these stocks below and use the automatic
signals,
watch for breakouts by price and
trend-breaks
for Closing Power.
BUYs
PSMT,
IGTE, FFIV, SGF, INTU, TRE, VMED
SHORT SALESs SPWRA, STX, GMR, WDC, AHS, MPWR,
AAPL
|
|
|
|
|
|
|
 |
SELLS
 |
 |
 |
 |
 |
 |
 |