| Stock Positions
We Are Monitoring. Tiger Software: 11/10/2008 (C) 2008 William Schmidt, Ph.D. william_schmidt@hotmail.com |
Support is 8500 and resistance is 9500. |
| Short Positions: 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. Close short sale in HANS 25.74 +.84 Closing Power is in uptrend. |
| Long Positions: (These
are arranged so that the most recent are shown first.) EBS 20.37 +.02 EMERGENT BIOSOLUTION Both Up. LMNX 22.39 -.09 60 is all-time high LUMINEX CORP Both Up. MYGN 71.03 +.10 Myriad Genetics Inc Both Up. CRK 45.90 +.40 Closing Power broke its uptrend. At falling 50-dma. AFAM 50.81 -.66 NH Closing Power is still rising. ANEN 11.36 Closing Power is at its rising ma ARBA 9.56 ESV 35.64 +.44 Broke its Closing Power uptrend. Commodity Investments PAAS 13.08 +.54 Silver CLosing Power is slightly rising. Red Sell. This might be an inverted head and shoulders pattern. NEM 26.47 +1.45 Gold At resistamce of falling 21-dma. This might be an inverted head and shoulders pattern. Platinum 1620 860 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 1.24 +.05 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' Buy WMT is the highest AI/200 stock now on decline back below 52. Closing Power has broken its uptrend. This will require DJI to come back within normal 3.5% bands. AI/200=146 55.18 +.79 resistance = 56 support = 50. CVX
74.34 +.88 AI/200 =125 12 month new low.
Hit resistance at falling 50-dma. |
