| Stock Positions
We Are Monitoring. Tiger Software: 7/29/2009 (C) 2010 William Schmidt, Ph.D. william_schmidt@hotmail.com |
| NEW Short Sales:| SPWRA 12.66 -.43 EHTH 11.14 -.59 |
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| Short Positions: RIG 47.39 +.62 Red short-term Buy but all bearish internals TEVA 47.17 -1.27 WDC 26.97 -.83 Red short-term Buy but all bearish internals BA 67.22 Red short term Sell. IP21<0 BAC 14.03 At resistance of falling 21-dma with all bearish internals INTC 21.03 CLosing Power is at downtrendline and prices broke below 65-dma. PFE 15.09 Red Buy. Watch to see how it handles falling 65-dma AI/200=31 CONN 5.03 -.14 Red Buy... All bearish internals IMAX 15.49 Closing Power downtrend broken, new Red Sell IP21<0 as stock approaches 65-dma |
| 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. EPD 36.78 -.36 TGP 33.63 -.28 PSMT 27.34 -.45 NEOG 28.87 -.35 IFN 31.61 Closing Power NH - Look for breakout past 33. India Fund Take profits VRX 56.03 Valleant Pharm. GLD 114.31 +.53 AI/200=140 130 remains target but Note quick head and shoulders top. now below 65-dma with negative IP21. =============================================================================== Tahiti Stocks . 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 becuase of the reliability of the Stochastic-14. CAT 69.4 -.32 now above flat 65-dma... 14-day Stochastic Sell HPQ #2 AI stock in DJIA. 46.41 At Declining 65-dma IP21now >0 |