| Stock Positions
We Are Monitoring. Tiger Software: 12/14/2008 (C) 2008 William Schmidt, Ph.D. william_schmidt@hotmail.com |
Tax loss selling will cause lots of cross-currents until January. |
| 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. |
| Long Positions: (These
are arranged so that the most recent are shown first.) Important in this weak market Sell on automatic Sells, falls back below 50-day ma, false breakouts and breakdowns by Closing Power below uptrends. DHI 7.78 +/24 Still above 50-day ma with IP21>0. | Red Sell. with 356.9% results. CMG - Chipotle Mexican Grill 57.47 +2.42 Still above 50-dma with IP21>0. On red Buy. OFLX 22.92 +1.91 AI/200=146 ALO 35.60 -.35 IP21=.40 AXYS 55.42 +4.12 AI/200=173 IP21=.25 Closing Power is Up "JPMorgan analyst Paul Coster said the stock is trading at an excessive premium to peer companies like FLIR Systems Inc. He is cutting estimates for many stocks. Commodity Investments Platinum 1620 822.10 +23 New 12-month lows! Way oversold. IP21= <0 Closing Power downtrend has been violated. Car sales down. Platinum is needed in catalytic converters. Oversold. 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 1.13 +.03 IP21<0 AI/200=133 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' WMT is the highest AI/200 stock now AI/200=146 54.63 -.16 False breakout above 57 resistance. CVX 79 -.46 AI/200 =123 12 month new
low. Hit resistance at falling 50-dma. Strong Closing Power. |