Stock
Positions We Are Monitoring. Tiger Software: 3/26/2008 (C) 2008 William Schmidt, Ph.D. william_schmidt@hotmail.com Editor's Note: I added the commodities, currencies and metals picks based on recent bulges of Accumulation and will use the 50-day ma for sell Stops. See http://www.tigersoft.com/Tiger-Blogs/10-7-2007/index.htm |
New Positions to be taken Sell Short ED 39.93 -.32 NL Sell Short JBL 9.29 -2.09 NL |
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) Sell Short: LOGI 25 -.42 +91.6% gain this past year using 5-day Stochastic-K. RHT 18.05 -.15 +97.9% gain this past year using 14-day Stochastic-K. WMG 4.77 -.45 AI/200=22 IP21= -.316 Extremely steady distribution. LNET 7.19 +04 AI/200=82 ISLE 7.21 -.20 AI/200=15 AI/200=91 IP21= -.39 |
Long Positions: (These
are arranged so that the most recent are shown first.) Long Posiitons. Commodities and precious metals are taking a pounding. The highest Power-Ranked new high stocks are: PBR (102.44 at rising 30-wk ma) DBE - Power Energy - Good OBV but head and shoulders may be forming. DBC - Metals, Oil, Corn, Wheat - head and shoulders may be forming. --------------------------------------------------------------------------------------------------------------------------------------- Currencies EURO 1.58 +.02 Previous Bulge of Accum and take-off from rising 21-day ma. Gold, Platinum and Silver - *** = I would use closing sell stops below the 21-day ma. **** = I would close below 50-day ma SLV 182.25 +4.50 19 will be resistance. But SLV is clearly back above rising 50-day ma GLD 93.79 +1.22 94.80 will be resistance. But GLC is clearly back above rising 50-day ma Platinum 2012.60 +26.70 Huge bulge of Accumulation and retreat to rising 50-fay ma. GBN - Great Basin 3.60 +.21 SSRI 32.6 +1.10 On switched Buy. I consider this a long-term buy as long as silver keeps outperforming the DJI It is also a very good stock to trade using Tiger Buys and Sells. See www.tigersoft.com/SSRI . Oil/Gas ... Cimmodities **** BZP 21.64 +1.71 AI/200=161 IP21=.15 Corn (CL1620 or CL1600 - Perpetual Contract) 552.25 Note February Bulge! Buying on test of rising 50-day ma. Bond Fund AGG 102.56 -.29 on red Sell. . MCD 55.60 -.60 AI/200=103 Turned down from 50-day ma... Normally held for 21 months. Was Tahiti Stock for Quarters 1 and 2, 2007. Hold 21 months after purchase XOM 86.26 +1.06 AI/200=165... Highest AI/200 Stock. Hold 21 months after purchase. Another head and shoulders top. On 90-day Stochastic Sell. Tahiti Stock at end of 3rd and 4th quarters. XON will also be #1 AI/200 DJI-30 stock at end of 1st quarter of 2008. |