Stock
Positions We Are Monitoring. Tiger Software: 3/2/2008 (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. Tax rebates and Fed Discount rate cuts will weaken US dollar. That should make gold and silver go up. Oil price weakness does hurt gold, though, New short sales ETM 11.17 -.63 See special situation. CSGS 11.26 -.27 NSM 16.47 -.72 BYD 21.09 -1.33 CZN 10.74 -.44 GSBC 17.95 -.33 ![]() |
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) BRT 12.18 +.02 CACB 10.16 -.23 LNET 9.31 -.30 ABR 16.08 +.07 AI/200=55 IP21>Tisi Price at 50-dma. AHR 6.39 -.19 AI/200=50 IP21<TISI Price below 50-dma. on 5-day Red Buy. ISLE 9.05 -.35 AI/200=14 Red Sell IP21 ABFS 26.71 AI/200=24 IP21<0... This is still below long-term mvg.avgs. head and shoulders. BONT 5.72 -.14 IP21<0 AI/200=15 XING 6.62 -.10 AI/200=27 |
Long Positions: (These
are arranged so that the most recent are shown first.) Long Posiitons. --------------------------------------------------------------------------------------------------------------------------------------- MVG 14.89 +.12 PBR 117.34 -7.52 AI/200=192 DBC 36.15 -.55 AI/200=183 At upper band. CHU 21.23 Powerful uptrend. IP21>0 buyt broke 50-day ma. FDG 49.84 -1.20 B12. Recent breakout was at 45. Nice dividend. SLV 196.66 +5.53 ITRS=.40 ... ... Hold because of weak dollar Sell ====> Gold 52.69 -.03 Rangold Resources AI/200=144 IP21<0 on new high. OBV NC GLD 95.92 + 1.14 At upper band... Hold because of weak dollar. DBA 41.60 -.69 - Power Shares DB Agriculture SSRI 37.39 -.88 Red Buy ... SID 37.27 +.85 (Split 3:1) AI/200=179 ... running KTEC 35.31 -.58 NH was confirmed by OBV and IP21>.25 KEQU 17.69 -.31 (AI/200=190) below 50-day ma with IP21<0. Bond Fund AGG 103.20 +.66 ... This means interest rates are not apt to fall much more. MCD 54.11 -.51 AI/200=110 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 87.01 -2.37 AI/200=166... Highest AI/200 Stock. Hold 21 months after purchase. Another head and shoulders top. Tahiti Stock at end of 3rd and 4th quarters. |