| Stock Positions
We Are Monitoring. Tiger Software: 12/20/2008 (C) 2008 William Schmidt, Ph.D. william_schmidt@hotmail.com |
Tax loss selling will cause lots of cross-currents until January. |
| Short Positions: 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. Sell DHI DHI 7.44-.23 Above 50-day ma with IP21>0. | Red Sell. with 363.2% results. Uptrend of Closing Power was violated. Sell CMG - Chipotle Mexican Grill 63.76 Reached down-trending 30-week ma. Sell OFLX 21.37 -2.33 AI/200=150 Sell ALO 36.25 +.74 IP21=.40 OBV is weakning. Uptrend of Closing Power was violated. AXYS 50.14 -.53 AI/200=173 IP21=.20 "JPMorgan analyst Paul Coster said the stock is trading at an excessive premium to peer companies like FLIR Systems Inc. He is cutting estimates for many stocks. Commodity Investments Platinum 1620 851.30 -12.60 AI>0 and at declining 50-day ma. GBN - Great Basin 1.31 IP21<0 AI/200=118 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. It is ar resistance of its flat 30wk ma. AI/200=146 55.74 +.33 False breakout above 57 resistance. Seems best to buy it near 50 in this market. CVX 70.85
-2.18 AI/200 =128 dropped bac below 50-day ma Hold 21 months after purchase. |