Stock
Positions We Are Monitoring. Tiger Software: 6/12/2008 (C) 2008 William Schmidt, Ph.D. william_schmidt@hotmail.com |
We want to cover
some of the weak finance stocks because a bounce is expected based on where biggest banks are. |
Short Positions: TISI = 21-day ma of Accum. Index.IP21=current value of Accum. Index. In general, we will cover short sales if they close above 50-day ma. with IP21>0. If they jump too fast, hold them short. They will combe back to the 50-day ma. Cover them there. Know that some of these may be short sales again when their short covering rallies are over. Short sales (IP21=current Accum. Index) ABR 11.96 +1.01 AI/200=33 Very steady distribution. DSL 4.93 +.43 AI/200=85 IP21=-.35 Cover ===> EWBC 9.74 -.18 AI/200=40 IP21=-.25 MCGC 4.72 +.07 AI/200=37 IP21=-.30 Cover ===> RF 13.50 -.19 AI/200=58 IP21=-.40 WB 19.31 +.34 AI/200=58 IP21= -.20 Cover ===> WM 6.64 +.58 FED 11.42 +.59 IP21<0 ITRS is still in downtrend. MCGC 4.72 +.07 AI/200=37 IP21= -.30 CTBK 11.89 .14 AI/200=51 SNCR 10.79 +.14 AI/200=51 ASFI 8.81 +1.17 OBV and IP21 confirming new low. AI/200=33 . |
Long Positions: (These
are arranged so that the most recent are shown first.) AXYS 57/74 +.34 back to point of breakout. Sell----> E - 75.49 -1.83 AI/200=173. Broke below 50-day ma with IP21<0. ISYS 37.35 +.30 B12 ITRS=+.38 RDEA 14.01 -.14 AI/200=138 APWR 22.35 -.47 B12 Notice OBV is streaking higher. BCF 17.79 -.33 Red Sell AI/200=199 Internals still look very good. B;ackwater Real Asset Eq. Trust DBC - 43.90 +.01 AI/200-182 IP21>0 ETF representing metals, oil, corn wheat. IDRA 14.66 +.73 IP21=.30 AI/200=162 SID 44.96 -.09 AI.200-196 DGLY 9.20 +.23 on B12 now IP21<0 Hold TTES 66.08 +1.06 B12 IP21<0 April bulge. BEXP 15.55 -.59 AI/200 =175 MTL 49.21 -2.41 IP21=.-5 OBV is OK Platinum 2025.90 -11.20 Big bulge of Accumulation GBN - Great Basin 3.26 -.05 stil on red Buy. SSRI 27.97 -.38 Above declining 50-dma with IP21<0. Watch See www.tigersoft.com/SSRI
Tahiti Stocks - CVX 98.06 -1.36 is now highest AI/200 stock. |