Stock
Positions We Are Monitoring. Tiger Software: 5/9/2008 (C) 2008 William Schmidt, Ph.D. william_schmidt@hotmail.com |
No
new positions suggested. Watch to see if bank stocks breakdown. This weekend stocks like C and WM are on the verge of doing that. |
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) DK 10.15 -.20 FED 14.17 +.51 IP21>TISI MCGC 6.45 -.15 CTBK 16.59 +.20- SNCR 12.79 +.44 ASFI 9.57 -.16 AI/200=33 DELL 19.03 +.19 on red Buy Flat top breakdown.. Above declining 50-dma IP21<0 WM 10.34 -.08 AI/200=59 At 50-day ma ITRS<-.30 Red buy. AGYS 11.14 +.06 IP21<0 and at 50-day ma. GSBC 14.56 -.50 ...AI/200-26 On verge of another breakdown |
Long Positions: (These
are arranged so that the most recent are shown first.) BCF 18.30 NH AI/200=194 DBC - 40.57 _.57 AI/200-183 IP21=.30 ETF representing metals, oil, corn wheat. IDRA 14.54 IP21=.60 SID 47.13 AI.200-190 BBD 22.69 -.09 DGLY 9.27 on B12 now IP21>.25 hold TTES 58.83 -.90 B12 IP21=.40 ===Sell SBR 57.75 ++1.01 AI/200=153 IP21<0 on NH BEXP 10.29 +.17 AI/200 =152 MTL 155.38 -1.75 IP21=.25 OBV strong. Platinum 2042.30 +73.30 Big bulge of Accumulation GBN - Great Basin 3.13 red Buy. SSRI 27.95 +.74 On Red Buy ... System Gain - 119% New 12 month low close was confirmed. See www.tigersoft.com/SSRI . Oil/Gas ... Commodities BZP 23.67 +1.77 On Buy AI/200=168 IP21=.20 Up from rising 50-day ma. Bond Fund AGG 102.24 red Sell. IP21>35 So, hold. Tahiti Stocks MCD 59.24 -.53 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 88.82 -1.11 AI/200=158... Highest AI/200 Stock. Hold 21 months after purchase. Another head and shoulders top. New 50-day Stochastic Sell. Tahiti Stock at end of 3rd and 4th quarters. XOM was also #1 AI/200 DJI-30 stock at end of 1st quarter of 2008. |