Stock Positions We Are Monitoring.     
        Tiger Software:                                                  1/28/2008  
         (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   28.28 +.83     AI/200=12 IP21<0...  This is still below long-term mvg.avgs.
             This rose much more than was expected.  We will start using the OP21 indicator, too.
              It mad a 4-month high just before the rally.
         
     COVER on any further advance -   AMWD   19.32 +1.00        AI/200=40   IP21=-.15  
 
        BONT   6.24 -.20   IP21 is very low.    AI/200=12
        
        XING   6.88       AI/200=19

        PFCB   27.86 +.41   If still short cover at 25.21     shorted at 22.    AI/200=18   IP21>0. Red Buy,

      COVER   ISLE    11.16 +.44   shorted at 12.77   AI/200=14 Red Buy.

      DSW 18.36 +.57      AI/200=38  
   
      COVER   CHS   9.08 +.68         AI/200=22  Bernard Chaus  Red Buy. Found support at 21-day ma.

     MAS  21.52 +12    IP21<0.     AI/200=19  Red Sell.
     
   
     Long Positions: (These are arranged so that the most recent are shown first.)
               Long Posiitons.

          SLV   165.50 +2.52

           Gold   47.01 -1.53       Rangold Resources AI/200=153     IP21>.25 ITRS=.30

           GLD  91.89 +1.59

           DBA    - Power Shares DB Agriculture 37.07 +.69 

           SSRI    35.57 +.29    Red Buy

           SID   89.02 +3.83

             KTEC  38.07 +2.02  NH confirmed by OBV and IP21>.25
       
             KEQU  18.18 +.22      (AI/200=200)

             Bond Fund  AGG 103.23 +.21
                   
            MCD  51.07 -3.03       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   85.13 +1.19    AI/200=166...  Highest AI/200 Stock.   Hold 21 months.
                                      Another head and shoulders top. 
                                     Tahiti Stock at end of 3rd and 4th quarters.