Stock Positions We Are Monitoring.
Tiger Software:
6/19/2007
===================================================================
(C) 2007 William Schmidt, Ph.D. william_schmidt@hotmail.com
===================================================================
New Long Recommendations - The strength in the world markets and wireless
stocks makes these stocks look like aggressive holds. Many times, the strongest
stocks make spectacular moves.
Short Sales
YHOO 27.63
-.49 IP21= -.20
NEM 40.78 +.77 (hedged by being long SSRI)
Weak
Homebuilders
HOV 19.69 IP21=-.25
MTH 29.18 -.20 IP21=-.07
PHM 24.79 -.01 IP21=-.12
Long Positions: (These
are arranged so that the most recent are shown first.)
Hold:
VWO - Vanguard Emerging Markets 91.72 -.21 AI/200=
200
KYO
- Kyocera 104.01 +.71 AI200=195
WVCM
- Wavecom 37.50 +.15 AI/200=197
MICC
- Millicom Intl Cellular 92.49 +.95
AI/200=178
RCCC
- Rural Cellular 38.34 +.40
MCD 52.48 +.08 - highest AI/200 stock in DJI since end
of 4th quarter 2006.
GTSI 13.19 +.09 IP21=..3-... Strong OBV. At
apex of right shoulder. Watch.
OMR 6.44 +.12 AI/200 = 165
IP21<0. Big Increase in Down-Day Volume
Strong
closing Power. On Buy.... Odyssey Marine Exploration
Huge Sunker Treasure Find - 1/2 Billion Dollars!!! That adds $10 in
value to the 50 million shares outstanding. Note than Goldman Sachs
is a big sharehold. I would buy more.
VE 77.85 -.15 IP21<0
AI/200=192 Broke 50-day ma. IP21<0.
.
Because of massive accumulation. I would hold. I expect
EURO to get strong again. At lower band and just above 100 day ma
ICAD 3.41 -.03 AI/200=163 Note
bulge on advance to 5. IP21<-.25
.... Testing bottom of expected support. At rising 200-day ma.
... Above downtrendline.
===Sell VOLV
20,45 -.24 AI/200=182 IP21<0. An
earlier Augmented B24.
Because of massive accumulation. New Red Sell.
FRS 30.98 +.08
NH AI/200=174 Midwest hamburger chain
Note MCD #1 status as AI/200 stock in DJIA. Buy
B24. IP21=.25
|
Gold
Stocks:
Because a weak dollar seems so inevitable with the size deficits, trade
and federal,
I would like to start recommending Gold/Silver
stocks when it seems appropriate.
The XAU (Gold Stock Index) has given
a 50-day Stochastic Red Sell.
Hold SSRI 37.39 +.24 Place a protective sell stop at 34.90.
There is a good chance for an XAU breakout past
150. That would be bullish for SSRI.
Meanwhile, we can easily hedge by holding short the weakest of the gold stocks - NEM
|
|