| Stock Positions
We Are Monitoring. Tiger Software: 10/20/2009 (C) 2010 William Schmidt, Ph.D. william_schmidt@hotmail.com |
| Recommendations |
|
| Short Positions: ENER 4.58 -.06 AI/200=20 Sell S7s. ZN 5.24 AI/200=54 Sell S7s. BKS 14.96 -.39 AI/200=67 Sell S7s. PHM 8.13 - .11 AI/200=85 Sell S7s. PNC 52.74 -.30 AI/200=96 Cover RBCN 22.02 CP downtrend has been broken. Note it would have been better to cover when steep CP downtrend broken. BAC 11.75 -.05 AI/200=29 CP NL CX 8.05 +.34 AI/200 = 64 Should have been covered AMR 7.34 +.82 CP downtrendline broken Monday night. Cover CFFN 24.45 +.71 AI/200=66 Red Buy and CP downtrendline break. |
| 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 14.34 _.70 AI/200=199 NH BOTH UP XXIA 13.53 +.06 AI/200=169 NH BOTH UP TRE 7.05 A nice breakout should follow a move past 7.6 Watch Closing Power to break downtrend.. QPSA 5.62 -.12 AI/200=200 CMG 180.75 -1.11 Chipotle's Mexican Grill - healthy natural chicken and much more.. SLV 23.33 +.49 Red Sell based on 14-day Stochastic. But CP made a new high. IBM 139.07 +1.04 Public is bearish. Pros are bullish. NEM 60.48 +.55 CP NC Watch for VP downtrend to be bullishly violated. VOD 26.87 +.56 AI/200=195 ADVS 52.65 +.23 AI/200=198 VRNT 31.9 +.03 AI/200=194 TEG 53.48 +.55 PSMT 29.77 +.32 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 80.32 +1.77 Steep Closing Power minor downtrend has been violated... Traders should probably buyl again. HPQ 42.82 -.01 Above declining 65-dma... much improved internals. |