| Stock Positions
We Are Monitoring. Tiger Software: 10/6/2009 (C) 2010 William Schmidt, Ph.D. william_schmidt@hotmail.com |
|
Recommendations Buy TRE 7.48 +.09 A nice breakout move is expected with gold up overnight. QPSA 5.8 +.31 |
|
| Short Positions: BAC 13.39 -.17 AI/200=29 MON 48.65 - .15 AI/200=-70 CX 8.49 AI/200 = 62 ALNY 12.31 +.08 UNT 37.59 +.70 Cover on close over 65-dma. AMR 6.21 +.10 CFFN 24.08 +.05 AI/200=74 Cover 11.19 +.99 AI/200=625 Closing Power steep downtrend should have been basis for covering. Now it's above 65-dma with positive IP21. |
| 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. ACTG 21.03 -.40 CALD 4.48 -.01 Buy B24 CMG 174.82 -4.16 SLV 22.69 IBM 137.84 +.18 NEM 64.72 +1.05 CP NC VOD 25.92 +.20 AI/200=195 ADVS 51.56 -1.84 AI/200=198 RVBD 44.47 -4.05 Hold 0 at 21-dma AI/200=161 VRNT 31.89 -.59 AI/200=194 BTZ 13.13 AI/200= 197 dividend = 7.3% CP uptrend-break. Red Sell. MFL14.6 AI/200=195 TEG 52.63 -.34 PSMT 28.98 -.24 IP21>.25 =============================================================================== 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 79.08 -.32 Steep Closing Power uptrend has been violated... Traders should probably sell and wait for a new buy point based on when the CLosing Power downtrend is broken. . HPQ 40.64 -.07 Red Sell at declining 65-dma |