| Stock Positions
We Are Monitoring. Tiger Software: 10/27/2009 (C) 2010 William Schmidt, Ph.D. william_schmidt@hotmail.com |
| Recommendations |
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| Short Positions: FHN 9.79 CGA 7.75 +.47 ENER 4.65 +.06 AI/200=20 Sell S7s. ZN 5.23 -.12 AI/200=54 Sell S7s. BKS 14.94 -.04 AI/200=67 Sell S7s. PHM 7.94 -.03 AI/200=83 Sell S7s. COVER BAC 11.54 +.24 AI/200=29 Steep CP downtrendline has been broken. |
| 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 SOFO 14.5 AI/200=199 NH BOTH UP XXIA 15.96 +.14 AI/200=169 NH BOTH UP TRE 6.8 -.32 A nice breakout should follow a move past 7.6 Watch Closing Power for a break in downtrend... Buy then. QPSA 5.75 AI/200=200 SLV 23.07 Red Sell based on 14-day Stochastic. But CP is rising. IBM 141.43 Public is bearish. Pros are bullish. NEM 58.4 CP NC IP21<0 and below 65-dma Watch for CP downtrend to be bullishly violated. VOD 26.49 AI/200=195 ADVS 53.82 -.27 AI/200=198 VRNT 32.69 +.19 AI/200=194 PSMT 29.42 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 78.22 Red Buy... Intra-day Breakout past 81 failed and CP is now in downtrend. HPQ 42.39 -.56 Above declining 65-dma... much improved internals. |