| Stock Positions
We Are Monitoring. Tiger Software: 8//7/2008 (C) 2008 William Schmidt, Ph.D. william_schmidt@hotmail.com |
| New Sell
Short SBGI AI/200=68 5.89 -.50 Sincliar Broadcasting Sell Short FRP AI/200=43 6.01 -.58 Buy TACT 11.25 +.40 B10/B12 |
| Short Positions: TISI
= 21-day ma of Accum. Index. IP21=current value of Accum. Index. In general, we will cover short sales (1 ) if they close above 50-day ma. with IP21>0. or (2) if the IP21 rises above the TISI line if the downtrend in ITRS (relative Strength) is ending. Usually, if they jump too fast, hold them short. They will usually return to the 50-day ma. Cover them there. Know that some of these may be short sales again when their short covering rallies are over. Short sales (IP21=current Accum. Index) ===>Cover WFMI 18.86 -1.18 AI/200=27 At lower band IP21>0 SUPR 6.83 -.23 AI/200=26 IP1=-.20 NYM 18.61 -.19 AI/200=39 NTGR 15.64 +.02 AI/200=36 IP21=-.15 BAMM 5.97 -.22 IP21>TISI |
| With the DJI back above 11100, a few long positions Long Positions: (These
are arranged so that the most recent are shown first.) CVX
83.43 -1.13 AI/200 =136 |