| Stock Positions
We Are Monitoring. Tiger Software: 12/13/2009 (C) 2009 William Schmidt, Ph.D. william_schmidt@hotmail.com |
New Recommendations for Traders |
| Short Positions: Generally cover short sales if down-trending Closing Power downtrend is broken above after a substantial decline. Watch AA 12.99 -.28 at 50 dma head and shoulders developing. APC 60.25 +.35 CAR 11.97 +1.11 Apex of right shoulder exceeded. Falling oil prices and stop in Unemployment have helped. Try to cover at 11.22 where the breakout took place. CRZO 20.29 -.39 ACET 4.929 .07 Breakdown CP declining IP21<-.25 ACETO Corp CCBG 12.29 +.51 Breakdown Capital City Bank ARP 5.65 +.08 American Repro LONG RWM - Russell-2000 46.07 -1.12 |
| Long Positions: (These
are arranged so that the most recent are shown first.) Sell on falls back below 50-day ma, False breakouts and breakdowns by Closing Power below uptrends. Very over-extended stocks require closer stocks, such as a closing below a 10-day ma. That is the basis of the Sells below.
VIMC 4.52 AI/200=192 HPQ 50.05 -.09 because a weekly chart shows it has much more Accumulation. It has been suggested that buying at the end of October is better than buying at the end of the 4rd quarter. CVX 77.76 +.34
Hold 21 months after purchase.
|