TIGER SOFTWARE's
Elite Stock Professional Service (ESP)
9/7/2007
(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.
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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.
insider trading ... IP21>,45 and ITRS>0 and LA>risign 50-day ma.
TISI = 21-day ma of IP21.
..........................................
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**BUYS**
Stock AI/200 Close Change Comments
------ ------ ------ -------------------------------------------
ISRL 193 44.90 +2.59 Isramco 51.5=12 mo high. Just above rising 50-day ma
OBV is strong and IP21=.25 Very thin!
Isramco Inc. Houston, TX 77079 13 employees
ISRL engages in acquisition, exploration, operation, and
development of oil and gas properties in the United States
and Israel.
PMFG 167 IP21=.60 23.86 Strong uptrend ... Steady "insider buying"
Stock is nearing 24.5 highs of July,
Buy on move past 23.5 or retreat to 22.
Peerless Manufacturing Co. Dallas, TX 75229 169 employees
Web Site: http://www.peerlessmfg.com
PMFG engages in the design, manufacture, and sale of products
used for the removal of contaminants from gases and liquids,
as well as for air pollution abatement. It operates in two
segments, Environmental Systems and Separation Filtration
Systems.
CVGW 167 IP21=.46 19.50 Confirmed NH ... running.
Calavo Growers Inc. 1141 A Cummings Road Santa Paula, CA 93060
Web Site: http://www.calavo.com 750 employees
CVGW engages in the procurement and marketing of avocados
and other perishable foods, as well as in the preparation
and distribution of processed avocado products in the
United States.
MPWR 163 IP21=.41 20.69 -.29 Steadily making new highs in dpwn market.
Strong closing power.
Monolithic Power Systems Inc. 393 employees
6409 Guadalupe Mines Road
San Jose, CA 95120
Web Site: http://www.monolithicpower.com
MPWR designs, develops, and markets analog and mixed-signal
semiconductors for computing, consumer electronics, and
communications markets.
SVT 163 IP21=.41 16.65 Servotronics Up 55% in last month. OBV is lagging.
Servotronics Inc. Elma, NY 234 employees
http://www.servotronics.com
Servotronics, Inc., together with its subsidiaries,
engages in the design, manufacture, and marketing control
components and consumer products primarily in the United States.
DRYS 144 IP21=.28 76.92 +1.60 Repeated insider buying (IP21>.50)
Powerfuyl uptrend.
DryShips, Inc. Athens, Greece
http://www.dryships.com
Owns and operates 35 drybulk carriers worldwide.
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**SHORT SALES:**
Symbol AI/200 Close Comments
------ ------ ------ -----------------------------------------------------
BC Brunswick 72 72 -.80 Plunging from 33 in July.
http://www.brunswick.com 28,000 employees
CC Ciruit City 40 9.80 -.35 On verge of making a new low.
http://www.circuitcity.com 46.082 employees
CWTR Coldwater Creek 95 11.55 -.59 Gapped down a week ago
and is moving lower.
http://www.coldwatercreek.com 3,038 employees
DHI DR Horton 73 14.02 -.56 Very weak housing stock.
http://www.drhorton.com 8.772 employees
IMN Imation 72 27.38 -.87 IP21=-.12
Imation Corp. engages in the development, manufacture,
sourcing, marketing, and distribution of removable data
storage media products and accessories worldwide.
Oakdale, MN - http://www.imation.com 2,070 employees
MGPI 58 13.43 -.80 IP21<-.35 ...
OBV is not confirming. Steady downtrend
MGP Ingredients Inc. Atchison, KS 66002
Web Site: http://www.mgpingredients.com
Distillery products.
MHO Mandl Schottenstein Homes 67 15.78 -.71
Dumping climax is starting.
M/I Homes, Inc. Columbus, OH 43219
Web Site: http://www.mihomes.com
ODP Office Depot 73 19.80 -2.14 IP21<TISI Chart
(Personally, I like Office Depot
much, more than Staples.)
Office Depot, Inc. 26,000 employees
Delray Beach, FL 33445
http://www.officedepot.com
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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.
AI/200 Symbol Price
--------- -----------------------------------
Buy 200 BBNK 22.36
20-25 trading range. Rising OBV and IP21>.50
.........................................................................................
199 NBG 12.75=12 mo high. 11.78 -.15
Closed back below falling 50-day ma
on Red Sell... OBV near 12 mo highs. IP21=.10
.........................................................................................
198 CNU below all key ma 2.50
.........................................................................................
197 BORL below all key mvg. avgs.
197 CRNT at rising 21-day ma and above 50-dma 16.56 -.81
up from April breakout at 7.
note how first dip to 50-day ma brought a nice rebound.
197 EWZ 61.20 -1.40 Brazil ETF
Just dropped back below falling 50-day ma.
197 HEW 33.75 -.60 NH made this week was confirmed by OBV and IP21>.35
............................................................................................
196 MICC Millicom Intern. Cell. Below 50-day ma
OBV is relatively weak.
.............................................................................................
195 ASG Liberty Growth Fund Inc. 5.63
At rising 200-day ma. Rising OBV. IP21=.20
195 BBL 58.86 -1.58
OBV is very strong. IP21=.14
Watch 195 TRNS Below rising 50-day ma 6.86 +.51
IP21=.20 OBV is strong. Thin
.............................................................................................
194 IMa falling back from 50-day ma 47.33
..............................................................................................
Buy 193 ISRL Isramco 44.90 +2.59
51.5=12 mo high. Just above rising 50-day ma
OBV is strong and IP21=.25
193 KWIC Kennedy-Wilson 40.00
very thin.
193 MCZ just above rising 200-day ma 1.00
IP21=.05
..............................................................................................
192 ISIG Insignia Systems 4.86
IP21=.35... OBV matches price action.
above all ma. Thin
192 CYCL Centennial Cellular 9.17 -.14
below falling 50-day ma. On short-term sell.
192 ILE below all mvg.avgs. 2.44
IP21=.25
192 ILF Latin America 109.46
231=12 mo high. Just below falling 50-day ma
on short-term red Sell.
............................................................................................
191 FMS Fresenius 49.64 above all mvg.avgs.
52 is 12 month high.
OBV is lagging badly.
191 RIO At July peak, 52. IP21=.20 50.68
.............................................................................................
190 ATX AT Cross 9.85
at rising 200-day ma
190 RC Double top at 16. 13.14
OBV is lagging. IP21=.35
............................................................................................
189 JHFT below all key ma ITRS=-.07
188 CNRD Conrad Ind. 15.05 -.60
Above all mvg.avgs. On Red Sell. IP21=.04 OBV is strong.
Note massive insider buying at 6.
179 GTA Golf Trust of America 2.17
at 200-day ma. IP21=.25
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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.
...An earlier IP21 bulge above .50 is bullish. Confirming OBV makes the run more
certain.
...Breakouts from Piggy-back patterns just above the flat topped patterns
usually mean much higher prices.
Normally we screen with "NEWHIGH" list plus "IP21OV25".
Point of breakout tells you where to expect support on first decline.
Look also for OBV confirmations, gaps and high volume.
*Stocks Making New Highs on Friday:
ABX 36.65 +.45 Breakout at 35. IP21is barely positive.
OBV confirming... Previous IP21 bulge>.50
AEM 49.19 +.96 Breakout at 46 IP21=.14 OBV confirming
Use 5-day Stochastic +94%
CLDA 27.50 =1.26 Breakout was at 24. OBV NC. IP21=.15 ITRS back above+.30
Buy DRYS 76.92 +1.60 Breakout was at 65.IP21>.25 OBV is confirming.
GLD 69.35 +.49 IP21=.12 OBV confiming Gold Trust
GOLD 28.48 +1.29 IP21=.04 AI/200=120 ITRS crosses above +.30
IEF 84.82 +.83 IShares Lehman 7-10 Yr Treasury.
Breakout Friday.
PDX 62.52 +.83 OBV is not quite confirming.
IP21=.13 Breakout was at 60.5
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Very High IP21 (Current Accumulation Index value)
above rising 50-day ma
Highest IP21 Stocks Should be above 50-day ma
Trading volume should be higher. The research published
on www.tigersoft.com show the importance of this, especialy
when followed by a new high with excellent internals.
See discussion of augmented B24s.
ALSC .66 2.26 ...powerful uptrend.
Alliance Semi-Conductor IP21=.66
This stock declared a $3.75 cash dividend recently
which some data bases do not adjust for.
At bottom is the chart.
IP21 AI/200 Price
PMFG .60 167 23.86 Strong uptrend ... Steady "insider buying"
See chart.
BNCC .53 146 17.7
SONT .53 163 2.4 At flat 50-dma. 2.75=12 mo high. Watch
CSLR .50 61 4.2 Consulier Eng. Was 15 in May. Thin Check
FLT .50 85 2.26 Fleet Boston
ATRI .48 139 113.51 Atrion
CVGW .46 167 19.50 NH ... running. (see chart - BUY)
BPA .45 168 6.0 BP Amoco - at falling 50-dma
ATXI .43 141 4.92 Amer. Xtal 5.5=12 mo high.
NTWK .43 141 1.78 Netsol Intern
Moving back towards old highs of 2.05
BCV .42 115 20.8 Bancroft Convertible below falling 50 dma
EBIX .42 141 50.1 EBIX.com - Strong uptrend. OBV confirming
QEPC .42 138 11.51 13 is July high.
ITRS=.28
HTV .41 168 25.57 Hearst Argyle TV
MPWR .41 163 20.69 Steadily making new highs in dpwn market.
Buy - See chart.
SVT .41 163 16.65 Servotronics Up 55% in last month.
See chart.
BKR .40 151 48.75 Michael Baker poqweful uptrend.
ISIG .40 192 4.86 Insignia ... Strong uptrend.
RGEN .39 115 5.01 Repligen ...ITRS>.30 - chart attached.
close to a B12. Only 45 employees.
Has with MIT lawsuit against Imclone over
patent infringement regardign Imclone's Erbitux.
PRCP .38 126 12.25 Perceptron - Confirmed NH
ASYS .37 157 12.78 Amtech Sys - testing 13.2 high.
MAM .36 169 31.15 Strong uptrend
Bullish Special Situation...8/24 31.19
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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.
B12 recently AI/200
============ =======
BIW 110 very thin
CVGW 167 19.50 +.16 breakout at 14.80
Powerful uptrend despite market decline.
ITRS making new highs each day. OBV confirming.
--- BUY --- chart attached.
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*** BEARISH Stocks ***
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.
In a strong market, it is often best to simply use a Buy Stop above|
21-day ma.
New Lows over $5.00 with AI/200< 90
and IP21<-.10
AI/200 Comments
------ ---------
BC Brunswick 72 72 -.80 Plunging from 33 in July. (SS)
CC Ciruit City 40 9.80 -.35 On verge of making a new low. (SS)
CHS Bernard Chaus 84 14.86 -.70 IP21=-.25 down from 24 in June.
CORS Corus Bankshares 69 12.45 -.49 IP21=-.20
Bearish special situation - 8/30/2007
CWTR Coldwater Creek 95 11.55 -.59 Gapped down a week ago and is
moving lower.
--- SS --- see chart
DHU DR Horton 73 14.02 -.56 Very weak housing stock. (SS)
--- SS --- See chart.
ENER Energy Conversion 60 24.16 -.95 IP21= -.12
GVHR 78 10.86 -.46 IP21=-.20 (SS)
IMR Imation 72 27.38 -.87 IP21=-.12 (SS) See chart
KKD 53 12.78 IP21<-.50
SAMPLE of what to look for in a short sale
and when to Sell Short. - See chart -
LEN 89 26.52 -1.00
LM Legg Mason 94 81.24 -3.11 Weak brokerage stock.
MGPI 58 13.43 -.80 IP21<-.35 ...
OBV is not confirming.
steady downtrend - SS - See chart.
MHO Mandl Schottenstein Homes 67 15.78 -.71
Dumping climax is starting. (SS)
ODP Office Depot 73 19.80 -2.14 IP21<TISI (SS) Chart
(Personally, I like Office Depot
much, more than Staples.)
RVI 75 10.79 -.27 SS
RYL Ryland Group 65 26.28 -.74 SS
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