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. I believe Gold will move above $1,000 very soon. That will get a lot of publicity and give a boost to gold stocks. Buy BVN - Buenaventura 80.26 +1.29 GBN - Great Basin 3.76 +.25 GG - 44.85 +1.85 AI/200=144 IP21=.32 |
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) In light of new Buy B19, let's hold only those short sales whose Accum. Index is below -.25 Cover LQDT 8.75 +.25 IP21>.25 NTRI 13.20 -.03 AI/200=65 IP21=.25 USMO 7.29 -.07 AI/200=57 WMG 5.03 -.22 AI/200=22 LNET 8.64 -.10 AI/200=91 IP21<TISI ISLE 7.61 +.01 AI/200=15 AI/200=91 IP21< 0.25 |
Long Positions: (These
are arranged so that the most recent are shown first.) Long Posiitons. --------------------------------------------------------------------------------------------------------------------------------------- GLD 98.29 +1.24 NH AI/200=154 IP21=.18 SLV 203.87 +4.17 testing resistance AI/200-118 BZP 20.62 +.88 AI/200=161 IP21=.15 GSG 62.00 +.51 AI/200=177 IP21=.24 DBC 38.94 +.03 AI/200=183 running up upper band. CHU 22.58 -.25 At falling 50-dma. Strong OBV IP21>0 FDG 50.98 +.39 B12. Recent breakout was at 45. Nice dividend. SSRI 36.61 +1.49 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 usine Tiger Buys and Sells. See www.tigersoft.com/SSRI . KTEC 29.25 -.35 AI/200=198 Still in uptrend above 200-day ma and IP21=.10 Bond Fund AGG 102.12 -.50 on red Buy. MCD 54.89 +1.19 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 87.05 +1.08 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. |