......Work in Progress............TIGER SOFTWARE's
Elite Stock Professional Service (ESP)
6/8/2007
(c) 2007 William Schmidt, Ph.D.**
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Suggestions:
Comments here are meant to suggest the aspects of chart analysis
that may be helpful to you. In a few cases, I may have long or short
positions in some of these stocks. But the positions are small and
I am just as likely to buy these stocks later next week, especially
if they act well.
The market is up too much to buy laggards now. Below are new highs
with an AI/200 over 150 and an IP21>.50
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*BUYS*
AI/200 Symbol Close Change Comments
------ ------- ----- ------ --------
200 VWO 87.54 +2.01 IP21=.25 ... At rising 21-day ma. Outperformed
DJIA since November.Vanguard Emerging Markets..
Steady advance... Recent bulge of Accumulation.
200 CRH 48.98 +1.05 IP21=.12 Up from rising 21-day ma.
198 HEIA 35.39 -.20 NH confirmed... IP21=.32...ITRS=.04... Strong OBV
Heico Corp. Breakout was at 34.
183 FSCI 51.04 +.55 Breakout abive well-tested flat resistance on Friday
Unusual volume. IP21>.25. http://www.fsci.com
Fisher Communications, Inc., through its subsidiaries, operates as an
integrated media company in the United States. It owns and operates
network-affiliated television stations and radio stations in Washington,
Oregon, Idaho, and Montana
191 MCD 51.41 +1.20 IP21=.30 Up from rising 21-day ma
195 KHDH Humboldt Wedag Intern. 56.75 +.50. Buy at 58.25 stop.
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*SHORT SALES:*
AI/200 Symbol Close Comments
------ ------ ----- -----------------------------------------------------
FDT Federal trust 67 8.15 -.17 IP21<-.50
PTY Pimco Opportunity Fund 80 15.44 -.38 IP21=-.25
VOL Volt Info. Sciences 96 21.25 -.16 IP21=-.25
http://www.volt.com
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***Abbreviations:***
price versus 50 day ma
AR = Above rising 50-dma (Bullish)
ATH = All-time high
BF = Below Falling 50-dma (Bearish)
Current IP21 vs (TISI) 21-day ma of IP21
A = above
U = Under (Bearish)
SS = Sell Short
BO = Breakout
NC = OBV non-confirmation.
IP21=current Accum Index.
TISI = 21-day ma of IP21.
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Highest AI/200 Stocks: AI/200>190, Above Rising 50-day ma, over $10
These are stocks that institutions are buying heavily for 1-3 year gains.
They should find plenty of support at key moving averages.
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200 ALD 32.37 Back of from 33 resistance..On Sell
200 APRO 22.10 -.01 AR thin IP21=.50 23 is recent high. Lagging OBV
at rising 50-day ma
***200 CRH 48.98 +1.05 At rising 21-eday ma... Red Buy
IP21=.12 ... ITRS=.08
200 CIA 7.86 -.02 Citizens Steady uptrend.IP21=.35 Lagging OBV
200 FCM 18.45 +.05 AR 19-12 mo high...At rising 200-day ma
OBV was making NHs IP21=.40 Very slow moving.
200 GMA 23.22 -.01 very slow moving... Below 200-day ma Good OBV and IP21=.25 ITRS=-.10
200 HEW 30.37 +.35 1 31=12 mo high...Flat.. IP21=.12 ITRS<0.
... Hewitt Accociates
200 NWK Network Equipment 10.37 -.01 11.1=12 mo high.
OBV at NH. IP21=.30 At rising 50-day ma
200 SCI 13.32 -.08 14=12 mo high. IP21=.05 ...STeady uptrend.
***200 USA 8.91 +.04 AR Red Sell..OBV confirming IP21=.50 (Buy)
Liberty All Star Eq. Fund.Augmented B24...but slow moving.
***200 VWO 87.54 +2.01 confirmed NH this week. IP21=.25 (Buy)
.... Vanguard Emerging Markets.. Steady advance.
200 DUC 11.16 +.01 11-12 yearly trading range. Weak OBV. Red buy.
'---------------------------------------------------------------------------------
199 CET 28.17 +.02 IP21=.20
199 IDC 28.32 +.23 AR At rising 21-day ma. IP21=.05 Strong uptrend.
199 ILF 207.85 +5.29 Powerful Uptrend... IP21=.10 OBV confirming.
... IShares SO-Latin America.. At rising 21-day ma
199 CEVA 7.65 +.29 8.25-12 mo high, OBV is lagging.
199 SNPS 27.76 +.74 At falling 50-dma. ITRS<0 OBV is lagging.
199 GPX 10.67 -.01 IP21=.40...Challenging 12 mo high at 10.7 (Buy)
NH OBV confirming GP Strategies
http://www.gpstrategies.com
GP Strategies Corporation, through its subsidiaries, provides
training, engineering, and consulting services.
199 ELOY 22 -2.0 On Sell... OBV stromger than price... IP21=.25
23 is resistance.
3 months ago IP21 surged above .60 on new high.
Augmented B24 was on 1/12/07 = 21.91
199 ILF 207.85 +5.29 NH OBV NC Latin America 40-Index Fund.
IP21=.12 OBV confirmed last high.
at rising 21- day ma
199 CEVA 7.65 +.29 IP21>.50 and coming up off nested mas.
Thin Ceva Inc. Weak OBV IP21=.55
'--------------------------------------------------------------------------------------
198 TI 27.90 +.13 Red Buy! Below all key ma.. ITRS<0...IP21<05..Telecom Italia
***198 OME 8.51 +.01 OBV confirming NH by wide margin. IP21=.25
... Omega Protein (Buy)
198 CW 44.65 +.84 +.91 Challenging high at 46.25. IP21=.22. Trade-worthy.
Curtiss Wright ...Steady uptrend. New Buy!
***198 HEIA 35.39 -.20 NH confirmed... IP21=.32... ITRS=-.08
... Heico Corp. Breakout was at 34. (Buy)
198 DT 18.48 +.15 19 resistance. Red Sell recent OBV NC. IP21<0
'--------------------------------------------------------------------------------------
197 AEG 19.86 +.26 AR 15.5-22 yearly range.
bearish head and shoulders pattern.
197 BORL 5.98 -.17 6.17 - 12 mo high. OBV at high. IP21=.30 Bullish
197 SYK 67.14 -.17 AR 69.5 =12 mo high. OBV is lagging.ITRS<0 Stryker
197 QADI 8.29 Nelow all moving averages. ITRS=-.15 IP21=.25
197 and falling VE - Veolia 79.49 -.029 Broke 50-day ma.. IP21<0
Very high readings from IP21 regularly.
Buy when IP21 turns positive again.
'---------------------------------------------------------------------------
196 MSA 41.56 +.26 AR... 44.1 = recent high OBV NC IP21=.05
196 EFD 35.97 +1.57 NH confirmed...IP21=.50 ... Short-term Sell
... Efunds Corp ... Breakout was at 29.
Note red (high volume) gap.
196 CCBL 14.53 +.30 15 is 12 month high OBV is at NH. IP21=.20
C-Cor Inc.
196 AHO 12.62 -.34 At rising 50-dma. IP21<0. Earlier bulge of Accum
...positioned for a Buy.
196 BTN 6.0 -.03 Weak OBV Thin AR 6.5=12 mo high. IP21=.30.. Strong OBV
196 MATW 43.56 +.99 NH not confirmed by OBV IP21=.35
... Matthews International ,,, Up from 50-day ma-Red Buy
196 WVCM 32.02 -.14 Up from 16 in January...IP21=.20 OBV confirming
***196 XLV 6.77 +.04 IP21=.20 Strong OBV confirming NH.
SPDRs Heal;th Sector (BUY)
196 CNMD 30.70 -.31 NH is confirmed by OBV.. IP21=.20
... Conmed ... Stong uptrend
'--------------------------------------------------------------------------------------
195 and falling EWL 26.47 +.51 IP21<0 OBV NC Switzerland index fund.
195 and falling GIL 34.57 +.13 OBV NC... IP21<0 Gildan Activewear
30.5=12 mo high. ... Interactive Data Corp.
195 APAGF 89.5 -.75 At 300-day ma - Thin... On Red Sell
Apco-Argentina Year-long breakout confirmed by OBV and very high IP21. .
195 IT 26.57 +.42 IP21=.12 28.12=12 mo high...Gartner
***195 KHDH 56.75 +.50 Powerful. Breakout would occur at 38.1
Traders shoud buy on stop of 58.1
195 IWM 84.77 +.57 OBV confirmed NH... IP21=.10 Russel 2000
195 SZE 56.97 +.41 IP21=.05 Note B24 and IP21 surge in April.
195 NBG 11.77 -.27 AR Earlier B24 OBV is lagging Natl Bank of Greece.
Near recent high. IP21=.25 12=12 mo high.
195 MGEE 34.23 +.31 MGE Energy Below rising 200-day ma 37=12 mo high.
.
195 TG 22.48 +.32 25=12 mo high.. IP21=.01 ITRS=-.09 At rising 30-wk ma
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194 IX 133.64 +1.34 On Buy...... Trading Range 130-140
Orix Corp. OBV at NH Tokyo, Japan http://www.orix.co.jp
194 and falling EWN 29.90 +.36 IP21<0 below rising 50-day ma
... Netherland ETF 31.2 =12 mo high.
***194 KYO 101.78 +2.62 IP21=.2 100 barrier broken (Buy)
. Kyocera ITRS<0
194 SZE 53.27 +.45 ITRS=-.07 Fall below 50-dma. IP21<0 On Sell
Buy when IP21 turns positive.
194 and falling AXA 41.85 +.08 At rising 30-wk ma. ITRS<0
'---------------------------------------------------------------------------------------
193 and falling LXU 21.09 +1.02 9 Steady uptrend. Last high at 21 confirmed.
IP21<0...On Red Sell... Lsb Laboratories.
193 CYE 8.38 -.06 IP21=.40 Slow moving. BlackCorp
193 SFL 28.09 +.29 Broke 50-day ma...IP21<0...Ship Finance Ltd
***193 AX 10.30 -.05 10.6=12 mo high. OBV at NH. IP21=.25 Strong
193 FMS 47.09 +.06 OBV NC Weak OBV, BR ..Fresenius Medical I21=.20
... At rising 200-day ma
192 IJR 71.25 +.80 IP21<0... OBV lagging.. New Red Buy
IShares Small Cap
193 MAT 28.35 +.34 30-12 mo high. IP21<0
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192 JQC 13.58 +.13 Below rising 200-day ma Nuveen Income Fund Slow!
192 FCEA 67.81 +.39 IP21<0...BR 72 =12 mo high. .. Forest City
192 MW 51.89 +.42 Men's Wearhouse OBV NC of NH
192 SNCI 9.65 +.17 At rising 50-day ma Sonic Innovations 10.3=12 mo high.
...Watch IP21=.15 Strong OBV
192 SNAK 3.02 +.04 AR
192 TY 25.80 +.16 IP21<0 Red Sell. OBV confirming NH Tri-Continental
,,,,,, at neckline support - 24.56
192 VGR 20.00 +.34... IP21<0...20=12 mo high.
.... OBV is lagging...Vector Group
'--------------------------------------------------------------------------------
191 ABB 21.24 +.34 NH OBV confirming. IP21=.15
B24 - 10/27/06 = 15.01
191 CAFE 1.95 -.10 IP21=.140 At support of earlier breakout.
***191 CLDA 21.88 -.03 IP21-.20 Strong OBV AR Clinical Data (Buy)
191 DMC 13.02 +.25 13.5=12 mo high IP21=.35
191 ACAS 45.46 -.01 American Capital ... 58 was last January high.
Double top? On Sell.. IP21<0 ...ITRS< 0
191 JHT 19.45 +.11 18.5 is previous high. Slow moving.ITRS<0
***191 LZ 66.08 +1.38 Breakout was at 55 in APril. OBV confirming NH
IP21.12 Strong but extended. Lubrizol
***191 MCD 51.41 +1.20 At rising 21-day ma IP21=.35 (Buy)
191 CHU 14.51 +.12 16=12 mo high. IP21<0 OBV is lagging.
... China Unicom ADRs Red Sell
191 VPL 70.90 +.54 Very weak OBV. IP21=.12.. Vanguard Pacific Stock
191 ZILG 5.91 +.02 IP21=.45 ITRS=.28 OBV NC
'---------------------------------------------------------------------------------------
190 DAVE 21.78 -.44 Strong uptrend. NH confirmed. IP21=.25
.... Famous Dave's of America
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*CONFIMED NEW HIGHS*
OBV should confirm NH
IP21 should be >.25 ... Better is IP21>.50 and under <.80.
AI/200 should be above 138 ... Better is AI/200 >150.
Red high volume & gaps confirm the breakout.
Stocks should probably be over $10 unless you watch them closely.
ITRS>-.04 and under .80
Notes: Many times a flat topped breakout that is exactly defined and well-tested
brings a quick move of 15%. Of the conditions above, the least important is
probably the AI/200 value being above 140. ITRS should be above -.04.
Look at CHDX. This shows the importance of an earlier IP21 bulge above .50
or even .60 if the OBV confirms. Piggy-back pattern are just above the
flat topped pattern mean much higher prices. See also CUBA, IGLD, RYAAY for same reason.
OBV confirming unless stated.
AI/200 Close IP21>.25 unless stated
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BKR Michael Baker 143 37.15 +1.78 B20.
***CMTY 148 33.75 +1.18 B24 (buy)
DECK Deckers Outdoor 179 93.36 +2.58
EFD 196 35.97 +1.57 B24 (buy)
FSCI Fisher Companies 183 51.04 +.55 IP21=.25 ITRS<0 B24 (buy)
KYO Kyocera 195 101.78 +2.61 IP21=.20 ITRS=-.02 B24 (Buy)
OPTN 156 15.61 +.30 OBV NC
PVSW Pervasive Software 158 4.70 +.35 IP21<0
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*BUY B12s *- IP21>.45 and ITRS>.30 and AI/200>100 and NH
BULLISH B12'S Many times a B12 will retreat back to its rising 50-day
ma and then take off. Consider the case of STV in June. On the other hand,
if a B12 occurs on a line formation breakout, do not look for a pullback for a while.
See this in USLM in February. The best B12s occur with the stock making a new high.
Previous week's B12 should be bought on pullbacks to rising mas and at point
of breakout. IP21 should be greater than 147 in this environment. Buy B12 AI/200 must equal at least 120. NH must be occurring
Study cases of KHDH, OMR and RIV:
B12 recently AI/200
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PLPC 109 53 -.68 Red Sell. Thurs and Friday were down-days
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BEARISH Stocks Many times beaten down stocks get a boost when
tax-loss selling lifts at end of year. So, be careful here.
Look at AMD, ANPI and ANPL. One of best places to short a weak stock is after it
drops back below 50-day ma and its IP21 drops below its TISI (the
21-day ma of its IP21. IP21 = the current value of the Accum Index.
ITRS should be below -.10. Best to watch ITRS, too. Short sales should
normally be in ITRS downtrends.
New Lows (NL) and "Bearish" and Top Patterns and violations of key MAs
IP21 should be below TISI (falling IP21) or below -.25
Watch ITRS. ITRS downtrend is very useful. OBV need not confirm a new low.
In a strong market, it is often best to simply use a Buy Stop above|
21-day ma.
New Lows over $5.00
AI/200 Comments
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AZN Astra-Zenneca 62 51.09 -.42 (SS)
BFK 93 15.50 -.24 Dumb Big-Money Buying.
Study this case. AI/200- was low. ITRS<.04 OBV NC
BNJ 103 16.82 -.32 IP21<-.35
FDT 67 8.15 -.17 IP21<-.50 (SS)
PNF 95 13.61 -.09 IP21<-.50 (SS)
PTY 80 15.44 -.38 IP21=-.25 (SS)
VOL 96 21.25 -.16 IP21=-.25 (SS)
FBMI Firstbank 101 18.90 -.06
NBN Northeast 71 17.30 -.10
UIL UIL Holdings 102 32.58 -.22
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