Stock Positions We Are Monitoring.     
       
Tiger Software:                                                  2/1/2008  
         (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. 

                
Buy CHU - Chinese telecomm new high abive triple top.  ITRS>.30
               Buy FDG -  Coal Stock - B12. 46.25 +1.61   
Fording Canadian Coal Trust
 
Fording Canadian Coal Trust operates as an open-ended mutual fund in Canada. It owns a 60% interest in
  Elk Valley Coal Partnership, which produces and sells hard coking coal, a type of metallurgical coal used for
   making steel in the integrated steel mill process.

 
wpe4B.jpg (66060 bytes)

     

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)


    ISLE    11.57 +.45        AI/200=14 New Red Buy  IP21 is still below -.18  
     
         ABFS   28.90 -.89   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   AMWD   22.90 +1.92  AI/200=40   IP21=-.20   Closed above 50-day ma.  IP21>0.
 

        BONT   7.61 -.14   IP21 is improving.    AI/200=1`
        
        XING  7.23 +.17       AI/200=12

        PFCB   28.22 +.78   If still short cover at 27.56     shorted at 22.    AI/200=19   IP21>0. Red Sell.

     
Cover    DSW 19.99 +1.53     AI/200=38  Closed on Friday above 50-day ma with IP21>0.  
 

     Cover     MAS  23.33 +.40    IP21>0.  Over 50-day ma   AI/200=19  Red Buy.
     
   

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

             SLV   165.97 -2.21  Red Down Day Volume near upper band.  

           Gold   46.67 -1.04     Rangold Resources AI/200=156   Heavy red down volume.  ITRS=.30

           GLD  89.35 -2.05   Heavy Down volume   Downtrending OBV.   NH

           DBA    - Power Shares DB Agriculture 37.25 +.26

           SSRI    35.42 +.63   Red Buy ... Having difficulty getting past declining 50-day ma

           SID
  100.70 +4.07

          
KTEC  36.66 -.12  NH was confirmed by OBV and IP21>.25
  
    
 
           KEQU  17.78 +.38           (AI/200=200)

             Bond Fund  AGG 102.99 -.51

                   
            MCD  54.22 +.64       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   85.95 -.45      AI/200=166...  Highest AI/200 Stock.
  Hold 21 months.
                                     
Another head and shoulders top. 
   
                                 Tahiti Stock at end of 3rd and 4th quarters.