| Stock Positions
We Are Monitoring. Tiger Software: 11/21/2008 (C) 2008 William Schmidt, Ph.D. william_schmidt@hotmail.com |
Buy AXYS 61.83 +2.66 AI/200=177 IP21=.20 Both Up |
| Short Positions: Long positions must be sold when bearish conditions develop ahead of the scheduled Hotlines. Sell on automatic Sells, falls back below 50-day ma, falls back from declining 50-dma. false price breakouts breakdowns by Closing Power below uptrends or its new lows. . AIT 15.82 +.95 Both down. Cover CQB 10.62 +.57 CRL 21.45 +.63 Both Down DLR 21.30 +.01 Both Down Cover DST 34.08 +1.91 HNI 9.69 -.50 Both Down Cover HAR 11.95 +1.24 AI/200=154 VRSN 17.57 +.53 Closing Power Down 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. EBS 17.44 -.71 EMERGENT BIOSOLUTION BothClosing Power is at its uptrend line.. Commodity Investments NEM 28.79 +6.79 Gold Broke its Closing Power support. Highest volume for 10 months.. Platinum 1620 825..70 +35.60 New 12-month lows! Way oversold. IP21= <0 Closing Power downtrend has been violated. Car sales down. Platinum is needed in catalytic converters. Oversold. But trend is clearly down Hold because of so much prior accumulation. (Next time, we will not hold because of earlier accumulation if it falls 10% below point of bulge.) GBN - Great Basin 0.86 +.10 IP21<0 AI/200=157 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 This will require DJI to come back within normal 3.5% bands. AI/200=146 52.92 +2.26 resistance = 56 support = 50. CVX
70.49 +6.09 AI/200 =127 12 month new low. Hit
resistance at falling 50-dma. |