Stock Positions We Are Monitoring.     
        Tiger Software:                                                  1/27/2008  
         (C) 2008 William Schmidt, Ph.D.                  william_schmidt@hotmail.com

        Editor's Note:    
                      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.

                Tax rebates and Fed Discount rate cuts will weaken US dollar.   That should
                 make gold and silver go up. 
     

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)
     
         ABFS   27.45 +3.94     AI/200=12 IP21<0... Hold Cover at 22.4
         
         AMWD   18.32 +.20        AI/200=40   IP21=-.15  
 
        BONT   6.44 -.30   IP21 is very low.    AI/200=12
        
        XING   6.86 -.05        AI/200=19

        PFCB   27.45 -.60   If still short cover at 25.21     shorted at 22.    AI/200=18   IP21>0. Red Buy,

       ISLE    10.72 -.44   shorted at 12.77   AI/200=14

      DSW 17.79 -.71       AI/200=38  
      
   
      CHS   8.4 -.54         AI/200=22  Bernard Chaus

     MAS  21.40 -.43    IP21<0.     AI/200=19
     
   
     Long Positions: (These are arranged so that the most recent are shown first.)
               Long Posiitons.

          SLV   162.98 +.15

           Gold   48.54 -.16     Rangold Resources AI/200=153     IP21>.25 ITRS=.30

           GLD  90.30 +.22

           DBA    - Power Shares DB Agriculture 34.25 

           SSRI    35.28 -.36   Red Buy

           SID   85.19

            KTEC   38.07 +2.02
       
             KEQU  17.96 +.33    AI/200=200)          

             Bond Fund  AGG 103.02 +.18
                   
            MCD  54.10      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   83.94 -2.06      AI/200=166...  Highest AI/200 Stock.   Hold 21 months.
                                      Another head and shoulders top. 
                                     Tahiti Stock at end of 3rd and 4th quarters.