TIGER SOFTWARE's
Elite Stock Professional Service (ESP)
7/6/2007
(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 Close Change Comments
------ ---------------------------------------------------------
200 VWO 96.21 +1.29 confirmed NH this week. IP21=.45
.... Vanguard Emerging Markets.. Steady advance.
196 VGR 23.5 -.01 IP21=.27 OBV confirming NHs
185 ONVI 8.83 +.21 NH on high volume. IP21=.60 OBV confirming.
182 TRNS 6.99 +.89 Up from 6 breakout on Friday.
171 RRD 44.46 +.28 Marginal Breakout. IP21=.40
162 IMNY 2.75 B12. Up from 2.3 in last month.
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*SHORT SALES:*
Symbol AI/200 Close Comments
------ ------ ----- -----------------------------------------------------
NAC 68 14.04 -.09
MTH 44 26.73 +.62 Short at declining 21-day ma
PHM 33 22.72 +.58 Short at declining 21-day ma
SKY 75 30.67 -.01
VFL 59 13.25 -.09
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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.
------200-------------------------------------------------------------------------------
200 CRH 52.17 +.42 NH but OBV NC IP21=.02 ITRS not NH
200 HEW 32.54 -.04 NH OBV confirms. IP21=.45 (Buy)
ITRS>0. Hewitt Accociates
***200 NBG 12.21 +.13 (Buy)
***200 VWO 96.21 +1.29 confirmed NH this week. IP21=.45 (Buy)
.... Vanguard Emerging Markets.. Steady advance.
'-----199----------------------------------------------------------------------------
199 ILF 223.40 +1.37 NH Powerful Uptrend...IP21=.20 - OBV confirming.
IShares SO-Latin America..
199 GPX 11.16 IP21=.20..NH not confirmed by OBV.. recently IP21>.60
GP Strategies
http://www.gpstrategies.com
GP Strategies Corporation, through its subsidiaries, provides
training, engineering, and consulting services.
199 ELOY 21.43 -.07 At rising 200-day ma...OBV stronger than price
... IP21=.30 6 is resistance.
Augmented B24 was on 1/12/07 = 21.91
199 VPL 71.56 -.34 OBV is lagging. IP21=.12 Vanguard Pacific
'-----198------------------------------------------------------------------------------
198 OME 9.65 -.17 NH but on Red Sell IP21=.2 At upper band.
... Omega Protein Corp.
198 XLV 35.64 +.08 BF Health Care Select IP21=.05
'------197----------------------------------------------------------------------------
197 CEVA 8.95 NH OBV NC IP21=.05
197 EWZ 64.91 +1.03 NH OBV confirms ETF Brazil IP21=.10 ITRS=.12
197 TI 28.15 +.23 BF Telecom Italia. Red Buy!
Below all key ma.. ITRS<0...IP21=.15
197 MTN 63.94 +.54 IP21=0 At recent high OBV weakening
Vail Resorts 6/11/2007 Bullish Special Situation.
'----196-------------------------------------------------------------------
196 EFD 35.45 +.06 NH confirmed...IP21=.30
Efunds Corp ... Breakout was at 29.
Note red (high volume) gap.
At rising 21-day ma
***196 VGR 23.5 -.01 IP21=.27 OBV confirming NHs (Buy)
'-----195-----------------------------------------------------------------------------
195 UFCS 35.90 BF Just above 200-day ma IP21<0 . United Fire & Casualty
195 ASG 5.80 IP21=.35 Good OBV... 5.81=12 mo high. slow
195 CAE 84.30 +.69 IP21=.25 OBV running to NHs too.
Note flat topped breakout, pullback and run!
Back to 12 month high.
195 SCI 12.85 +.12 BR...14=12 mo high. IP21=0
195 BG 87.17 +2.26 NH OBV confirms...IP21=.15 ITRS not at NH.
195 KYO 105.22 -.38 OBV confirming NHs IP21<0
195 NBG 12.23 +.13 AR Earlier B24 OBV is confirming (Buy)
Natl Bank of Greece. IP21=.30
.....194.........................................................
194 ALD Allied Signal 31.46 33 is 4x tested resistance.
IP21<0...OBV is strong.
194 FMS 46.94 +.04 Below rising 200-day ma IP21=0
Fresenius Medical
'-----193------------------------------------------------------------------------------
193 ATX 12.40 +.09 NH at upper band ST IP21=.30 Strong OBV
This was an augmented B24 in March at 9.5
193 CW 48.30 -.52 NH IP21<0 and OBV NC
5-day stoch. =87.1% On sell
. Curtiss Wright ...Steady uptrend.
193 CCBL 14.55 -.02 15 is 12 month high IP21<0 OBV at NH
193 QADI 8.65 +.01 AF IP21=0 Up from support zone.
'-----192-------------------------------------------------------------------------
192 ITU 45.41 +.60 IP21<0. On red Sell. Optimum system gain 60.7%
192 LR 46.04 +.48 NH OBV lagging IP21=.10
192 IWM 84.78 +.27 Close to NH OBV is lagging...IP21<0 Russell 2000
192 GES 50.93 +.08 OBV at NH ahead of price. 51=12 mo high
IP21=.10
192 ANZ 126.92 +.71 Australia & NZ Banking 132=12 mo high. OBV at NH. IP21=.13
'-----191------------------------------------------------------------------------
191 ABB 23.79 +.03 NH OBV confirming. IP21=.25 Running.
B24 - 10/27/06 = 15.01 STEADILY UP!
191 APRO 24.80 NH IP21<0 (warning)
-
191 CAFE 2.15 IP21=.6 At support of 50-day ma
191 CLDA 21.92 -.28 IP21=.30 Strong OBV AR
Red Sell. 23 is right shoulder apex.
This looks strong technically. Buy at 20.25
191 DMC 14.65 +.03 NH OBV confirming... IP21=.35
Breakout was at 13.5
191 IJR 72.50 +.16 IP21<0 ....Red Sell At resistance. OBV strong
'---190--------------------------------------------------------------------------------
190 DNB 104.93 +.34 NH OBV lagging some.. IP21=.13 Dun & Bradstreet
AI/200= 186-190 IP21>.40 and strong OBV
============================================
These can be found by using ranking the stocks in a directory
for IP21 and then seeing if their AI/200 was at least 185
189 ACAS 46.97 +1.46 Amer.Capital OBV NH ITRS<0 but up 10% in lst week
and back above all key mas.
188 AMAC 9.11 -.09 Amer.Medical Alert At upper band.
187 FSCI 51.04 -.01 52=12 mo high.
***185 ONVI 8.83 +.21 NH on high volume. IP21=.60 OBV confirming.
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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.
Screened using "NEWHIGH" plus "IP21OV25".
Point of breakout tells you where to expect support on first decline.
Look also for OBV confirmations, gaps and high volume.
OBV confirming unless stated.
AI/200 Stock Close IP21>.25 unless stated
====== ====== ===== ================================
191 ABB 23.79 +.03 At upper band.
169 ADRA 35.65 +.13
182 ADRE 47.57 +.71 Emerging Mkts
151 CASH 39.49 +.52 First Midwest Financial
176 CIR 42.70 +.20
167 ISIG 4.54 +.06 Insignia Systems
155 IYW 60.84 +.33 IShares SJ US Technology
150 KTEC 25.10 +.35 Running. IP21>.50 B12
149 KYPH 53.18 +.93 Breakout at 50.5
168 MDR 89.89 +1.44
151 NAVI 8.23 +.09 Breakout was at 7.5
200 NBG 12.21 +.13 (Buy)
174 ONEQ 104.74 +.26 Fidelity Naasdaq Composite Index
185 ONVI 8.83 +.21 (Buy) IP21=.60 High Vol. Breakout
Onvia, Inc., a research company, provides business intelligence
services to business professionals primarily on public sector
revenue opportunities in the United States.
Web Site: http://www.onvia.com
143 RIG 110.58 +1.96 Transocean Offshore
***171 RRD 44.46 +.28 Marginal Breakout. IP21=.40 (Buy)
170 TBH 44.43 +1.41 Holders Telebras
160 TDW 73.90 +.94 Tidewater
177 TNE 21.64 +.80
200 VWo 96.21 +1.29 Breakout at 82 and running.
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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
============ =======
EPN 178 14.06 -.05 Gapped up from 9 2 months ago and stabalizing.
KTEC 150 25.10 +.35 Running and above upper band.
LPHI 146 34.85 +.33
OPTN 156 19.34 -.05 Breakout was at 16 this past week.
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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
------ ---------
***NAC 68 14.04 -.09 (SS)
NZX 45 14.43 -.10
VFL 59 13.25 -.09 (SS)
Sell S9s - Stocks Must Have An OBV NC
ARJ Arch Chemicals 141 36.31 +.81
CTR Cabot Industrial 136 23.29 +.47
DADE 151 54.24 +.87 Flat top breakout would
likely nullify S9
EFU Electronics for Imaging 174 29.20 +.11
EWD IShares Sweden 167 37.53 +.19 Flat top breakout would
likely nullify S9
EWQ Ishares France 174 39.30 +.40 Flat top breakout would
likely nullify S9
GLDN Golden Telecom 130 65.55 +5.19 Head and shoulders pattern voided.
HDNG Hardinge 153 36.90 +.03
ISCA Intern. Sppedway 109 53.87 +.82 Not 12 mo high.
ISRG 109 144.90 +2.16
KRFC 158 16.52 +.13
MCRL 102 13.25 +.32
RBA 108 64.55 +2.28 breakout over 3 peaks lined up.
VMI 183 74.81 +.06
XOM 140 86.46 +1.30 XOM
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