Stock Positions We Are Monitoring.     
       
Tiger Software:                                                  2/19/2008  
         (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.  Oil price weakness does hurt gold, thoug,
 
     
     ====>  2/19/2008 Breakout Candidate- PBR - Petroleo Brasileiro - Breakout above 20 would be Buy.wpe50.jpg (60616 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)


         ABR
  15.80 -.10   AI/200=57    IP21<Tisi  Price below 50-dma.   14-day Stoch Buy
        
        AHR    6.67 +.02    AI/200=59   IP21<TISI Price below 50-dma
.  Red Buy.

        ISLE    10.49  +.16      AI/200=14 New Red Sell  IP21 is still below -.18  
     
        ABFS   28.07 -.65     AI/200=23 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.  The rising 50-day ma is where I would plan to cover.
 
        BONT   6.66 -.14     IP21<0    AI/200=14
        
        XING  7.30         AI/200=22  

   

     Long Positions: (These are arranged so that the most recent are shown first.)
            
  Long Posiitons.
---------------------------------------------------------------------------------------------------------------------------------------
           
             
            DBC  35.81 +1.04       AI/200=183 At upper band.
      
            CHU   24.21 -.71       Powerful uptrend.

             FDG  47.95 +1.34          B12.  Recent breakout was at 45.  Nice dividend.

             SLV  173.78 +4.28    Uptrend continues as SLV bounced up off of rising 21-day ma
                                                    Rising ITRS

           Gold   49.82 +2.48      Rangold Resources AI/200=144   Heavy red down volume.  ITRS=.36
                                               Hold because of weak dollar.

            GLD  91.50 +2.43         Heavy Down volume   Downtrending OBV.   NH
                                              Hold because of weak dollar.

           DBA  40.03 +.85    - Power Shares DB Agriculture  

            SSRI    34.63 +1.93     Red Sell ... Having difficulty getting past declining 50-day ma

           SID
   38.27 +2.94     (Split 3:1)   AI/200=179 ... running

          
KTEC  36.42 -.58       NH was confirmed by OBV and IP21>.25
  
    
 
         KEQU  18.73 +.73              (AI/200=198)

           Bond Fund  AGG 101.43 -.52 .... This means interest rates are not apt to fall much more.

                   
           MCD  55.67 +.37            AI/200=107  Turned down from 50-day ma... Normally held for 21 months.
                                     Was Tahiti Stock for Quarters 1 and 2, 2007. 
Hold 21 months.

           XOM   87.01 +1.63       AI/200=166...  Highest AI/200 Stock.
  Hold 21 months.
                                     
Another head and shoulders top. 
   
                                 Tahiti Stock at end of 3rd and 4th quarters.