Stock
Positions We Are Monitoring. Tiger Software: 3/13/2008 (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. I suggested buying back GLD and SLV last night. The latest FED move should further weaknes the dollar and propel precious metals still higher. Sell Short: Bearish Stocks with AI/200<60 and IP21<-.25 BGEV 7.91 -.28 BONT 5.06 -.06 CSGD 10.74 -.59 BYD 19.50 XING 5.61 -.05 |
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) NTRI 13.3 +.133 AI/200=65 IP21=.25 USMO 7.24 -.05 AI/200=57 WMG 5.29 +.26 AI/200=22 LNET 8.43 -.21 AI/200=91 IP21<TISI ISLE 7.28 -.31 AI/200=15 AI/200=91 IP21< 0.25 |
Long Positions: (These
are arranged so that the most recent are shown first.) Long Posiitons. --------------------------------------------------------------------------------------------------------------------------------------- Gold and Silver BVN - Buenaventura 83.91 +3.65 GBN - Great Basin 3.61 -.15 GG - 45.59 +.74 AI/200=145 IP21=.35 GLD 98.71 +.42 NH AI/200=160 IP21=.18 SLV 204.21 +.34 testing resistance AI/200-118 SSRI 36.25 -.26 On 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 BZP 20.16 -.46 AI/200=161 IP21=.15 Commodities GSG 61.68 -.32 AI/200=177 IP21=.24 DBC 38.90 -.04 AI/200=183 running up upper band. Coal FDG 51.62 +.66 B12. Recent breakout was at 45. Nice dividend. Sell CHU 21.44 -1.06 Below falling 50-dma with IP21<0. Sell KTEC 28.81 -.44 AI/200=200 Below 200-day ma ... Bond Fund AGG 102.53 +.41 on red Buy. MCD 54.78 -.11 AI/200=106 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 85.91 -1.14 AI/200=166... 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. |