NEM - Newmont - TigerSoft Technical Tools  
                    See much more - www.tigersoft.com
                ( http://www.tigersoftware.com/NEM-STUDY/ClosingPower/index.htm )

                  An Introduction to TigerSoft Charts
                   (C) 2008 William Schmidt, Ph.D.

                 Basic TigerSoft Charts
                   On Buy.  Best system has gained 75% for the last 12 months.
                   40-42 is yearly support. 3 standard deviations away from flat least squares' line.
                    2nd, 3rd and 4th best systems are on Buys.
                    Internal Strength Indicators are still falling:
                    OBV - measures aggressive Buying/Selling.  Still in downtrend.
                    Accum. Index - still in downtredn and below its black MA.
                    ITRS (Relative Strength versus the DJI) - declining.

wpeF7.jpg (95947 bytes)

      
                 TigerSoft Opening (Public Buying/Selling )
            
and Closing Power (Professional Buying/Selling )
wpe115.jpg (66903 bytes)               TigerSoft Day-Traders' Tool
                  
Day traders tend to be professionals.  They have been more bullish than
                   the price action for the last six months.  The recent downtrendline of the Tiger
                   Day-Traders' Tool has been violated.  It pays to trade with trend-breaks in this tool
                   when a trend of 6 weeks or more is violated.

wpe128.jpg (59215 bytes)