| Stock Positions
We Are Monitoring. Tiger Software: 10/18/2009 (C) 2010 William Schmidt, Ph.D. william_schmidt@hotmail.com |
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Recommendations Buy more VRNT and PSMT |
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| Short Positions: ENER at 5.00 closed at 4.99 AI/200=20 Sell S7s. ZN 5.24 -.02 AI/200=54 Sell S7s. BKS 15.62 AI/200=67 Sell S7s. PHM 8.21 AI/200=87 Sell S7s. PNC 51.32 -.43 AI/200=99 RBCN 21.66 Red Distribution and CLosing Power downtrending. Public is bullish. Professionals are bearish. Steady red Distribution. BAC 12.34 +.36 AI/200=29 CP NL CX 7.77 -.14 AI/200 = 65 AMR 6.38 Red Buy CFFN 24.45 +.71 AI/200=66 |
| Long Positions:
(These are arranged so that the most recent are
shown first.) Sell on falls back below 50-day ma, False breakouts and breakdowns by Closing Power below uptrends. Very over-extended stocks require closer stocks, such as a closing below a 10-day ma or a downwardly siz-zagging Closing Power. That is the basis of the Sells below. SOFO 13.28 +.45 AI/200=199 NH BOTH UP XXIA 13.86 AI/200=169 NH BOTH UP TRE 7.22 Support at rising 21-dma but Professionals are now rated bearish. A nice breakout should follow a move past 7.6 Watch Closing Power to break downtrend.. QPSA 5.72 AI/200=200 CMG 183.69 Chipotle's Mexican Grill - healthy natural chicken and much more.. SLV 23.96 +.21 Both Up IBM 142.83 +1.77 Public is bearish. Pros are bullish. NEM 62.49 +.61 CP NC Watch for VP downtrend to be bullishly violated. VOD 27 AI/200=195 ADVS 53.58 AI/200=198 VRNT 31.94 + .23 AI/200=194 TEG 53.31 +.12 PSMT 29.9 IP21>.25 Bullish Breakout =============================================================================== Tahiti Stocks - Normally held 21 months. . As per notice last week, because DJI broke below 8700, no stocks were bought using Tahiti system. CAT is the highest AI/200 stock in DJIA. It should have been recommended, at least , as a trade because of the reliability of the Stochastic-14. CAT 80.24 +.49 Steep Closing Power minor downtrend has been violated... Traders should probably buyl again. HPQ 43.32 +.5 Above declining 65-dma... much improved internals. |