| Stock Positions
We Are Monitoring. Tiger Software: 12/9/2009 (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 13.08 .21 at 50 dma head and shoulders developing. APC 57.11 -.36 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 21.86 -.11 ACET 4.85 Breakdown CP declining IP21<-.25 ACETO Corp CCBG 12.29 +.51 Breakdown Capital City Bank ARP 5.65 American Repro LONG RWM - Russell-2000 46.41 +.04 |
| 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. EWZ 76.49 +.48 Broke Closing Power Uptrend. Support should occur at rising 50-dma. IBM 128.39 +1.59 BITS 6.8 +.06 still a perfect 200 AI/200 ANV Nevada Gold 12.99 +.36 Gold is hedge and GLD still above 1000. Hold GLD 10.84 -.11 AI/200 =130 =============================================================================== Tahiti Stocks = Rules require 21 months' holding. I want to shift the Sept 30 purchase to October 30th. I think that would improve the results. HPQ was 47.56 and IBM wa 120.61 HPQ was picked to buy using the Tahiti approach. IBM has a higher AI/200 score. HPQ 49.95 +1.01 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
77.06 +.30 Hold 21 months after purchase. |