Stock
Positions We Are Monitoring. Tiger Software: 3/28/2008 (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 Sell Short AGYS 11.13 -.34 ETM 9.70 -.44 GSBC 15.39 -.57 |
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) ED 39.45 -.43 NL IP21<TISI. JBL 9.21 +.18 gap and NL Jabil Circuit LOGI 24.72 +.09 +92.7% gain this past year using 5-day Stochastic-K. RHT 18.49 +.97 +104.6% gain this past year using 14-day Stochastic-K. Above 50 day ma WMG 5.0 +.36 AI/200=22 IP21= -.316 Extremely steady distribution. LNET 6.29 -.79 AI/200=79 ISLE 7.02 -.22 AI/200=15 AI/200=91 IP21= -.39 |
Long Positions: (These
are arranged so that the most recent are shown first.) Long Posiitons. Commodities and precious metals are taking a pounding. The highest Power-Ranked new high stocks are: PBR (102.44 at rising 30-wk ma) DBE - Power Energy - Good OBV but head and shoulders may be forming. DBC - Metals, Oil, Corn, Wheat - head and shoulders may be forming. --------------------------------------------------------------------------------------------------------------------------------------- Currencies EURO 1.57 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 177.50 SLV is back to rising 50-day ma GLD 91.76 -1.66 is back to rising 50-day ma Platinum 2037.80 Huge bulge of Accumulation and retreat to rising 50-fay ma. GBN - Great Basin 3.75 +.15 SSRI 30.96 -.17 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 ... Cimmodities **** BZP 21.88 -.46 AI/200=168 IP21=.15 Corn (CL1620 or CL1600 - Perpetual Contract) 560.50 +5.00 Note February Bulge! Buying on test of rising 50-day ma. Bond Fund AGG 102.84 _.25 on red Sell. . MCD 55.40 +.03 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 85.22 -.98 AI/200=164... 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 will also be #1 AI/200 DJI-30 stock at end of 1st quarter of 2008. |