Stock
Positions We Are Monitoring. Tiger Software: 3/18/2008 (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. |
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: I will cover these short sales if their Accum. Index rises above +.25 BONT 5.12 +.16 BYD 19.50 +.95 XING 5.30 +.02 NTRI 14.52 +.81 AI/200=65 IP21=.25 USMO 6.83 -.09 AI/200=54 WMG 5.21 +.06 AI/200=22 LNET 7.67 +.25 AI/200=86 IP21<TISI ISLE 7.29 +.32 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 - *** = I would use closing sell stops below the 21-day ma. *** BVN - Buenaventura 79.39 -.41 21-day ma = 76.17 *** GBN - Great Basin 3.47 -.07 21-day ma = 3.41 Sell GG - 41,31 -2.91 AI/200=147 Closed below 21-day ma GLD 96.51 -2.71 NH AI/200=160 IP21=.18 SLV 204.21 +.34 testing resistance AI/200-118 SSRI 33.24 -1.65 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 20.46 +.18 AI/200=161 IP21=.15 Commodities GSG 60.14 +1.64 AI/200=177 IP21=.24 DBC 37.76 +.66 AI/200=183 running up upper band. Coal FDG 53.21 +3.51 B12. Recent breakout was at 45. Nice dividend. Bond Fund AGG 102.75 -.24 on red Buy. MCD 54.85 +.57 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 88.47 +2.68 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. |