| Stock Positions
We Are Monitoring. Tiger Software: 10/22/2009 (C) 2010 William Schmidt, Ph.D. william_schmidt@hotmail.com |
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Recommendations Sell Short FHN 9.72 -.21 CGA 7.66 -.98 |
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| Short Positions: ENER 4.58 -.10 AI/200=20 Sell S7s. ZN 5.32 +.10 AI/200=54 Sell S7s. BKS 15.17 +.16 AI/200=67 Sell S7s. PHM 8.11 -.13 AI/200=83 Sell S7s. BAC 11.16 -.28 AI/200=29 CP NL |
| 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 most of the Sells below. PRCP 5.26 -.06 SOFO 14.6 +.10 AI/200=199 NH BOTH UP XXIA 15.46 +.27 AI/200=169 NH BOTH UP TRE 7.07 +.15 A nice breakout should follow a move past 7.6 Watch Closing Power for a break in downtrend... Buy then. QPSA 5.9 +.10 AI/200=200 Take profits CMG 205.65 -.12 Chipotle's Mexican Grill SLV 23.1 +.34 Red Sell based on 14-day Stochastic. But CP is rising. IBM 139.84 +.17 Public is bearish. Pros are bullish. NEM 59.37 CP NC IP21<0 and below 65-dma Watch for CP downtrend to be bullishly violated. VOD 26.3 -.12 AI/200=195 ADVS 54.3 AI/200=198 VRNT 32.09 +.20 AI/200=194 Take profits TEG 53.18 -.21 Red Sell PSMT 29.6 +.10 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 79.05 +.72 Red Buy... Intra-day Breakout past 81 failed and CP is now in downtrend. HPQ 42.88 Above declining 65-dma... much improved internals. |