Stock Positions We Are Monitoring.     
        Tiger Software:                                                  1/22/2008  
         (C) 2008 William Schmidt, Ph.D.                  william_schmidt@hotmail.com

        Editor's Note:     It will be best to close out all long positions by Tuesday's close,
                                    except for the Tahiti 21-month positions, MCD and XOM.
               Shorted stocks rallied mostly today because of Fed action.  I would wait until
                they close above 50-day ma before covering.  Watch the Bullish stocks for
                FIDSTKS (all Fidelity's biggest holdings) to see when they start turning up.
                Watch the highest Accumulation (AI/200) stocks for the same thing.

                Buy KEQU (16.99, AI/200=200)
                wpe4C.jpg (68888 bytes)
                Buy GLD back at 85
                Buy a Bond Fund  AGG 103.41 +.16
               wpe4B.jpg (63401 bytes)
     

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   20.75 +.75    AI/200=12
         
         AMWD   16.79 +.25     AI/200=40        
 
        BONT   6.03 +.99    AI/200=12
        
        XING   6.77 -.36      AI/200=19

        PFCB   24.54 +1.13      shorted at 22.    AI/200=8   IP21>0. Red Buy,
                       Short-Covering rally. No news.  Use 50-day ma. and place closing stop
                       decisively above this.

       ISLE    10.19 +.19     shorted at 12.77   AI/200=14

      DSW 16.83 +.92        AI/200=38  Very low IP21.
      
     ETM 11.00 +.34    AI/200=41  Entrecom Communications.

      CHS   7.98 +.95         AI/200=24  Bernard Chaus

      WMG  5.92 +.36       AI/200=24

     MAS  19.59 +.74     AI/200=19
   
    WM   14.72 +1.17        AI/200=61
 
     VFGI 15.37 -.03      AI/200=8
     
    ETM 11 +.34     AI/200=41

     Long Positions: (These are arranged so that the most recent are shown first.)
               Long Posiitons.

                                          
  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.