Stock
Positions We Are Monitoring. Tiger Software: 4/3/2008 (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 New Short Sale LOGI 25.74 -.74 on Stochastic Sell 102% gain for last year using this system. |
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) AGYS 11.00 -.50 IP21<TISI 12.39 is 1 mo resistance. GSBC 15.54 IP21<-.25 ED 41.23 _.05 IP21<TISI. JBL 9.72 +.04 IP21<-.25 Jabil Circuit RHT 20.20 At declining set of tops' downtrendline. Cover LNET 6.60 AI/200=75 Wait for IP21 to fall back below TISI to short again. ISLE 7.76 -.16 AI/200=14 AI/200=91 IP21= <-.25 |
Long Positions: (These
are arranged so that the most recent are shown first.) Long Posiitons. Commodities and precious metals are taking a pounding. --------------------------------------------------------------------------------------------------------------------------------------- Currencies EURO 1.56 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 172.30 SLV is back below its rising 50-day ma with IP21<0. Hold . GLD 89.35 +.03 Completed jead and shoulders. Bask to recent minor low. Hold as hedge against declining Dollar. Platinum 2005.90 +48.30 Huge bulge of Accumulation and retreat to rising 50-fay ma. GBN - Great Basin 3.50 -.03 SSRI 30.42 +.15 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 ... Commodities BZP 20.40 AI/200=168 IP21=.15 Corn (C 1620 or C 1600 - Perpetual Contract) 595.75 Note February Bulge! Buying on test of rising 50-day ma. Bond Fund AGG 101.94 New red Buy. . MCD 56.24 -.42 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 88.23 -.29 AI/200=160... 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 was also #1 AI/200 DJI-30 stock at end of 1st quarter of 2008. |