TigerSoft and Peerless Daily Hotline  
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Tiger Software  858-273-5900   PO Box 22784   San Diego, CA 92192 Email william_schmidt@hotmail.com  
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Announcements -

           Tiger/Peerless UPDATE.   A new TigerSoft/Peerless update has been released today.
               The new Tiger's update has the new Sell S12.  It has the 
               new QuickSilver table which is produced for any directory's stocks.
               It should work well with the stocks in LEVERAGE, HIGHIP21,
               MAXCP, MINCP, REDSELL and NEAR65. With this QuickSilver
               table displayed, you point the mouse at the symbol and click Graph.
               The Peercomm will also allow you to get stock data again from Dial Data. 
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     8/7/2014     The operative Peerless signal remains a pair of Red Sell 12*s.
                        17300 has become the short-term hourly support.  But until Peerless
                        gives a Buy signal, it is probably best to expect lower prices. 
                        There were 5x more new lows than new highs of Friday and 12x more
                        Closing Power new lows than CP new highs.  It seems likely that
                        there is still much more money to be made being short than long.
                        And in another month, we will find ourselves in September, the
                        year's most bearish month.
                                  



                        The DJI has now fallen 2.2% below its 21-day ma.  The P-Indicator,
                        NYSE A/D Line and Accum. Index did not confirm the DJI's
                        new low below its neckline support at 17500.  But the seven straight
                        down days for the DJI historically confirm the DJI penetration
                        of its 65-dma.   Significant declines were always started in these
                        circumstances.  There are five such earlier cases. 
 


                        The DJI has now fallen 7 straight days in a row. Historically, this is
                        much more likely to be significantly bearish than afford a buying
                        opportunity when it takes not far below a bull market peak,
                        below its 65-dma and and occurs between 3% and 2% below
                        the 21-day ma, as now.  It is true that the current Accum. Index (IP21)
                        for the DJI now is higher than in any of these cases, but we should
                        see that this cluster of characteristics out-weighs even a positive
                        P-Indicator.

                        Here are all the cases:

                                     LA/MA   21-dmaAROC     PI        IP21    OPct      What DJI Did Subsequently
       -------------------------------------------------------------------------------------------------
       8/7/2015 (Friday)   .978         -.117                  -33       -.03      -.375     ?
       -------------------------------------------------------------------------------------------------
       1/21/1941              .979         -.055                   +10     -.112    -.363     128.2 to 117.9 in 1 month
       -------------------------------------------------------------------------------------------------
       5/16/1956              .972         -.337                   -73      -.167    -.306     492.7 to 468.8 in 2 weeks
       -------------------------------------------------------------------------------------------------
       6/9/1959                .975         -.139                   -158    -.067    -.223     617.6 to 678.1 in 8 weeks
       This is the only case where the DJI was above its rising 65-dma
       -------------------------------------------------------------------------------------------------
       5/4/1966                .972         -.291                    -98      -.274    -.066     919.86 to 749.61 in 5 months
       -------------------------------------------------------------------------------------------------
       1/26/84                  .973         -.320                    +22      -.090    -.481     1229.69 to 1134.63 in 1 month
       -------------------------------------------------------------------------------------------------
       8/11/2011              .971         -.268                   -246      -.061    -.339     12122 to 10655  in 10 weeks

                       7 Straight Down Days near a Bull Market Peak,
                     2%-2.9% below 21-dma and below 65-dma.

1/21/1941

5/16/1956

5/4/1966

1/26/84

8/11/2011

                                Professionals are still Net Sellers even though the
                          DJI is the weakest, by far, of the key general market Indexes.
                       
                        The Closing Powers for the key ETFs and their 5-day ma (5DAROC%)
                        are all falling,  except for FAS and OEX.    See the QuickSilver table below.
                        IBB has not yet decisively penetrated its neckline and 65-dma.
                        This gives some hope to the bulls that the more speculative stocks will
                        recover.  This remains to be seen.
                       

Key DJI-30 Stocks and General Market ETFs:  ( C:\dji-30 )  
                                08/07/15
5DAROC%       Symbol        Last          5-dma         Pivot         Change        
..............................................................................................
IP21          AI/200        OP-PWR        CP-PWR        PCT-Up   Daily Vol. notes
============================================================================================== ----------------------------------------------------------
-23.2         FAS           34.37         34.48         34.59         .14
.22           147           Rising        ?             .542          bullish
---------------------------------------------------------------------------------------------
-39.8         GS            203.44        204.82        204.69        -1.65
.01           127           Rising        Falling       .534          bearish
---------------------------------------------------------------------------------------------
-47.7         MDY           270.89        272.21        272.66        -.32
-.05          136           Rising        Falling        .518          bearish
---------------------------------------------------------------------------------------------
-60.9         SPY           207.95        209.11        209.79        -.4
.16           114           Rising        Falling        .51           bearish
---------------------------------------------------------------------------------------------
-73.6         QQQ           110.31        111.2         111.6         -.14
.11           102           Rising        Falling        .55           vol.fell on down-day
---------------------------------------------------------------------------------------------
-80           OEX           916.32        923.37        928.59        -3.15
.05           114           Rising        ?             .502           vol.fell on down-day
---------------------------------------------------------------------------------------------
-81           DIA           173.84        174.9         175.75        -.38
.06           118           Rising        Falling       .534          bearish
---------------------------------------------------------------------------------------------
-82.7         OIH           30.77         30.76         30.52         -.82
-.22          83            Falling       Falling        .434          vol.fell on down-day
---------------------------------------------------------------------------------------------
-126.2        IWM           119.88        121.46        122.35        -.81
-.02          144           ?             Falling       .538           bearish
---------------------------------------------------------------------------------------------
-181.9        IBB           368.67        378.28        382.13        -1.41
.04           144           Rising        Falling        .562          bearish
---------------------------------------------------------------------------------------------
-223.3        SOXL          25.45         25.75         26.35         .41
.15           144           ?             Falling        .55           vol.fell on up-day
---------------------------------------------------------------------------------------------
-247.1        AAPL          115.52        115.83        118.44        .39
.08           75            Falling       Falling        .506          vol.fell on up-day
---------------------------------------------------------------------------------------------
-368.4        TNA           79.63         82.79         84.61         -1.58
-.02          143           ?             Falling       .538          vol.fell on down-day
---------------------------------------------------------------------------------------------
-400          OIL           8.46          8.73          8.83          -.22
-.26          79            Falling       Falling        .43           vol.fell on down-day
---------------------------------------------------------------------------------------------
-462.1        NUGT          3.15          3.08          3.09          .01
-.29          49            Falling       Falling        .446          vol.fell on up-day
---------------------------------------------------------------------------------------------
-796.4        GASL          6.31          6.32          6.42          -.43
-.39          53            Rising        Falling       .402           vol.fell on down-day
---------------------------------------------------------------------------------------------

8/7/2015   200+ TigerSoft Charts -                                      Go to www.tigersoftware.com/HH/index.html                          8/7/2015 New Highs: NASD  16      NYSE 22 New Lows:  NASD  95      NYSE 113                                                               8/7/2015  Bullish MAXCP Stocks       30 ---->www.tigersoftware.com/MAXMIN/maxmin/8-7/Rbullish.html                                          Bearish MINCP Stocks       360--> www.tigersoftware.com/MAXMIN/maxmin/8-7/Rbearish.html

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