| Stock Positions
We Are Monitoring. Tiger Software: 11/5/2008 (C) 2008 William Schmidt, Ph.D. william_schmidt@hotmail.com |
A retest of the lows seems likely for the market, at this stage.
See hotline. |
| Short Positions: None now recommended. 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. Respect the Peerless Buy signal and how vastly over-sold the market now is. We have covered all short sales. |
| Long Positions: (These
are arranged so that the most recent are shown first.) CRK 47.71 . Closing Power is still rising. AFAM 48.69 +1.06 NH Closing Power is still rising. ANEN 11.75 -.68 Closing Power is still rising. Sell SQM 22.49 03.56 Reversed from falling 50-dma. Sell CBD 31.39 Reversed from falling 50-dma. ARBA 9.46 -1.50 ESV 37.31 -1.95 Sell OPNT 11.80 -.70 Reversed from falling 50-dma. Sell EBS - 16.97 -.91 Closing Power uptrend was violated. Sell CRY 13.45 +.05 Reversed from falling 50-dma. Sell NPSP 7.19 +.19 AI/200=183 CLosing Power is rising. Reversed from falling 50-dma. Commodity Investments PAAS 11.47 -.14 Silver CLosing Power is rising. Take profits SSRI 10.36 -.15 at upper band. CLosing Power is rising. Note bullish falling wedge pattern. ---> See Buys and Sells at www.tigersoft.com/SSRI Silver Standard Resources, Inc. engages in the acquisition, exploration, and development of mineral resource properties, primarily silver, gold, and copper in Argentina, Australia, Canada, Chile, Mexico, Peru, and the United States. Note the Buy on Silver. T NEM 27.81 -1.22 Gold At resistamce of falling 21-dma. Take profits SLV 10.21 +.09 Closing Power uptrend has been violated. Platinum 1620 22.30 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 1.32 -.02 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 54,13 resistance = 56 support = 50. CVX
74.88 -3.31 AI/200 =124 12 month new
low. Hit resistance at falling 50-dma. |