Stock Positions We Are Monitoring.     
       
Tiger Software:                                                  2/5/2008  
         (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,
 
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    10.98 -.41        AI/200=14 New Red Sell  IP21 is still below -.18  
     
        ABFS   27.76 -.75   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.  The rising 50-day ma is where I would plan to cover.
 
        BONT   6.76 -,62   IP21 is improving.    AI/200=11
        
        XING  7.53 -.22     AI/200=12   

   

     Long Positions: (These are arranged so that the most recent are shown first.)
            
  Long Posiitons.
            
            CHU   23.18 -1.64    Great OBV and powerful uptrend.

             FDG  45.86 -2.86    B12.  Recent breakout was at 45.  Nice dividend.

             SLV   161.70 -3.45      Red Sell.   Hold because of weak dollar.

           Gold   42.60 -1.59       Rangold Resources AI/200=154   Heavy red down volume.  ITRS=.18
                                               Hold because of weak dollar.

           GLD  87.68 -1.47     Heavy Down volume   Downtrending OBV.   NH
                                              Hold because of weak dollar.

           DBA    - Power Shares DB Agriculture 37.78 -.22

           SSRI    33.09 -.66    Red Sell ... Having difficulty getting past declining 50-day ma

           SID
  93.80 -5.18  AI/200=179

          
KTEC  35.09 -1.57    NH was confirmed by OBV and IP21>.25
  
    
 
           KEQU  17.34 -1.08              (AI/200=200)

             Bond Fund  AGG 103.23 +.31 

                   
            MCD  53.84 -.04         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   82.11 -3.33      AI/200=165...  Highest AI/200 Stock.
  Hold 21 months.
                                     
Another head and shoulders top. 
   
                                 Tahiti Stock at end of 3rd and 4th quarters.