| Stock Positions
We Are Monitoring. Tiger Software: 2/2/2009 (C) 2009 William Schmidt, Ph.D. william_schmidt@hotmail.com |
New Recommendations for Traders |
| Short Positions: Cover ICLN 20 +.13 Closing Power Downtrend Broken. GG 35.67 +.13 ENER 9.62 +.26 T 25.56 +.31 Closing Power in downtrend Cover TRV 51.09 +.40 Closing Power Downtrend Broken. Cover RSH 19.98 _.51 Closing Power Downtrend 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. That is the basis of the Sells below. RLRN 13.14 -.09 CAVM 22.74 +.21 ... bought on limit of 22.34 at support of 65-dma. I/200=176 Red Sell. Closing Power in downtrend PCP 111.19 _3.69 At flat 65-dma with very good Accum Index. HOLD Closing Power uptrend was violated. MLNK 10.24 -.17 IP21 still high. GOM 20.04 _.01 Ai/200=200 Breakout NH Very High Accumulation. VIMC 4.70 +.12 AI/200=192 Very High Accumulation. Above 65-dma - Closing Power in downtrend LPSN 6.44 -.04 AI/200=191 At rising 65-dma IP21>0 Closing Power in downtrend Hold 1/2 EWZ 68.71 +1.11 65dma has turned down with IP21<0. Hold other half for rally to 65-dma Closing Power in downtrend IBM 125.53 +.86 AI/200=171 False breakout. Wait for rally to 65-dma to sell. Closing Power in downtrend BITS 8.16 +.04 still a perfect 200 AI/200 Very high AI Hold GLD 109.13 +.79 AI/200 =112 Testing Dec lows... Closing Power in downtrend hpq =============================================================================== Tahiti Stocks = HPQ is now the #1 stock. AXP is #2 Back at beginning of October, HPQ was picked to buy using the Tahiti approach. IBM had a higher AI/200 score then. IBM is interesting now. It is about to make an all-time high. HPQ now #1 48.59 +.76 Bought at end of 3rd quarter 2009 ay 47.46 AI/200=188 IP21<0 Closing Power in downtrend, When CP downtrend ends, would expect rally back to 50-51. CVX
74.45 +.87 Hold 21 months after
purchase. |