| Stock Positions
We Are Monitoring. Tiger Software: 10/17/2008 (C) 2008 William Schmidt, Ph.D. william_schmidt@hotmail.com |
The market is so
volatile. It would probably be best to wait for it to calm down. |
| 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 BA 44.55 -.24 IP21<TISI Both Down RTN 44.82 -.91 IP21<0 Both Down UTX 50.71 -2.17 IP21<TISI Closing Power Down GD 57.12 IP21<TISI Closing Power Down CDNS 4.61 +.21 ai/200=72 Closing Power is down. ORBK 4.15 0,36 ai/200=66 Closing Power is down |
| Long Positions: (These
are arranged so that the most recent are shown first.) MDY 100.13 -1.54 testing lows. use closing Sell Stop at 91. BFS 34.25 -.85 - use closing sell stop at 31.95 AXYS - AXSYS TECHN 56,62 +2.58 Use closing Sell Stop at 45.90 EL 36/48 -.89 Use closing Sell Stop at 36.25 Commodity Investments Platinum 881 -10.30 Testing 12-month lows! Way oversold. IP21=>0 Car sales down. Platinum is needed in catalytic converters. Oversold. Should recover Hold because of so much accumulation. GBN - Great Basin 0.99 =.07 IP21<0 AI/200=162 Broke 2.90 support. Both Down. Hold because of earlier accumulation. 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 Closing Power's weakness. We certainly should have used this. =========================================================================== SSRI 8.34 -.67 On Red Sell from weak closing power.. Now below 50-dma with IP21<0. ---> 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. =============================================================================== Tahiti Stocks = 21 months' Buy when markets calm down WMT is the highest AI/200 stock now. This will require DJI to come back within normal 3.5% bands. AI/200=141 53.77 -.85 resistance = 55.31 support = 50. CVX
62.35 -.75 AI/200 =123 12 month new low. IP21<0 |