| Stock Positions
We Are Monitoring. Tiger Software: 10/20/2008 (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, especially if their CLosing Power downtrends are violated. Cover BA 46.71 +2.16 Steep downtrend of CLosing Power has been violated to upside. Cover RTN 47.69 +2.87 Steep downtrend of CLosing Power has been violated to upside. UTX 52.23 +1.52 IP21<TISI Closing Power Down Cover GD 60.30 IP21<TISI Steep downtrend of CLosing Power has been violated to upside. Cover CDNS 4.78 +..27 Steep downtrend of CLosing Power has been violated to upside. ORBK 4.36 +.21 ai/200=66 Closing Power is down |
| Long Positions: (These
are arranged so that the most recent are shown first.) FDG 80.04 +.99 CRY 15.26 IDRA 11.19 +.97 NPSP 6.94 +.36 TACT 8.23 MDY 105.25 Sell ===> BFS 34.02 -.23 Take profits AXYS - AXSYS TECHN 62.04 +5.42 EL 37.48 +.99 Use closing Sell Stop at 36.25 Commodity Investments Platinum 892.50 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 1.22 +.23 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 9.82 +1.48 On Red Sell from weak closing power.. Now below 50-dma with very heavy distribution. 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
69.61 +7.26 AI/200 =123 12 month new low. IP21<0 |