| Stock Positions
We Are Monitoring. Tiger Software: 11/21/2008 (C) 2008 William Schmidt, Ph.D. william_schmidt@hotmail.com |
What's New?? A pause seems likely with the DJI up 1000
points in 1 day and 1 hour. |
| Short Positions: Long positions must be sold when bearish conditions develop ahead of the scheduled Hotlines. Sell on automatic Sells, falls back below 50-day ma, falls back from declining 50-dma. false price breakouts breakdowns by Closing Power below uptrends or its new lows. . Cover AIT 16.60 New Red Buy. Cover CRL 21.97 +.52 Take profits because of Buy B16. Cover DLR 25.37 + 4.07 Cover HNI 11.28 +1.59 Cover 19.36 +1.79 TISI = 21-day ma of Accum. Index. IP21=current value of Accum. Index. In general, we will cover short sales, especially if their CLosing Power downtrends are violated. |
| Long Positions: (These
are arranged so that the most recent are shown first.) Important in this weak market Sell on automatic Sells, falls back below 50-day ma, false breakouts and breakdowns by Closing Power below uptrends. AXYS 65.05 +3.22 AI/200=177 IP21=.20 Both Up WCN 31.66 -2.07 Closing Power is rising. EBS 19.85 +2.42 EMERGENT BIOSOLUTION Both Closing Power is at its uptrend line.. Commodity Investments NEM 31.49 +2.70 Gold Broke its Closing Power support. Very high volume for last 2 up-days, Platinum 1620 866.40 +4.70 New 12-month lows! Way oversold. IP21= <0 Closing Power downtrend has been violated. Car sales down. Platinum is needed in catalytic converters. Oversold. But trend is clearly down Hold because of so much prior accumulation. (Next time, we will not hold because of earlier accumulation if it falls 10% below point of bulge.) GBN - Great Basin 0.90 +.04 IP21<0 AI/200=157 Broke 2.90 support. Both Down. Hold because of earlier accumulation. Note bullish wedge pattern. Closing Power downtrend has been violated. Great Basin Gold, Ltd. engages in the acquisition, ownership, exploration, and development of gold and silver deposits. It owns interests in the Hollister property located on the Carlin Trend in Nevada This has been a very bad long. Note the earlier Closing Power's weakness. We certainly should have used this. (Next time, we will not hold because of earlier accumulation if it falls 10% below point of bulge.) =============================================================================== Tahiti Stocks = 21 months' WMT is the highest AI/200 stock now AI/200=146 52.77 -.15 resistance = 56 support = 50. Buy at 51. CVX
74.30 +3.81 AI/200 =126 12 month new low. Hit
resistance at falling 50-dma. |