Stock Positions
We Are Monitoring. Tiger Software: 1/18/2008 (C) 2008 William Schmidt, Ph.D. william_schmidt@hotmail.com Editor's Note: It will be best to close out all long positions by Monday's close, except for the Tahiti 21-month positions, MCD and XOM. Short more: CHS, ABFS, BONT. ETM, ISLE, KELYA, MAS |
Short Positions: TISI = 21-day ma of Accum. Index.IP21=current value of Accum. Index. BNDN In general, we will cover short sales if they close above 50-day ma. with IP21>0 Short sales (IP21=current Accum. Index) ABFS 20.08 +.08 AI/200=12 AMWD 16.54 -.36 AI/200=40 BONT 5.04 -.40 AI/200=14 XING 7.12 -.15 AI/200=21 PFCB 23.41-.13 shorted at 22. AI/200=15 IP21>0. Short-Covering rally. No news. Use 50-day ma. and place closing stop decisively above this. ISLE 10.00 -.36 shorted at 12.77 AI/200=14 DSW 15.90 -.32 AI/200=44 Very low IP21. ETM 10.66 -.61 AI/200=41 Entrecom Communications. CHS 7.03 -.01 AI/200=32 Bernard Chaus WMG 5.56 +.08 AI/200=24 MAS 18.85 +.09 AI/200=19 WM 13.55 +1.09 AI/200=60 VFGI 15.40 -.09 AI/200=8 ETM 10.66 -.61 AI/200=41 |
Long Positions: (These
are arranged so that the most recent are shown first.) Long Posiitons. MOS AI/200=176 80.02 -.98 Sell,,, Use closing stop at 78. SSRI AI/200=122 33.61 -.09 Sell...Gold and Silver Stocks will be weak if the market drops dramatically. Wait for XAU Buy. RFMI 5.86.05 Sell. RIC 3.12 Sell MCD 52.40 +.42 AI/200=119 broke below 50-day ma... Normally held for 21 months. Was Tahiti Stock for Quarters 1 and 2, 2007. Hold 21 months. XOM 85.08 +1.17 AI/200=168... Highest AI/200 Stock. Hold 21 months. Another head and shoulders top. Tahiti Stock at end of 3rd and 4th quarters. |