Stock Positions We Are Monitoring.
Tiger Software:
6/24/2007
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(C) 2007 William Schmidt, Ph.D. william_schmidt@hotmail.com
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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 27.38
-.29 IP21= -.25 Rally back to falling 200-day ma apears to have
bearishly failed.
NEM 39.38 -.57 (hedged by being long SSRI)
Weak
Homebuilders
HOV 18.20 -.54 IP21=-.45
MTH 27.95 IP21=-.30
PHM 23.80 -.56 IP21=-.20
Long Positions: (These
are arranged so that the most recent are shown first.)
Hold:
VWO - Vanguard Emerging Markets 91.20 -1.38
AI/200= 200
KYO - Kyocera 102.54 -1.20 AI200=195
WVCM - Wavecom 35.52 +.02 8 AI/200=197
MICC - Millicom Intl Cellular 92.34 +1.43
AI/200=178
RCCC - Rural Cellular 40.02 +.03
IP21=.50 Buy B12!
MCD 50.42 -.65 - highest AI/200 stock in DJI since end of 4th
quarter 2006.
IP21<0.
GTSI 13.17 -.07 IP21=.2-... Strong OBV. At apex
of right shoulder. Watch.
OMR 6.13 -.24 AI/200 = 160
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 77.12 -.17 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 3.74 +.24 AI/200=163 Note
bulge on advance to 5. IP21>0
FRS 31.25 -.25 NH
AI/200=174 Midwest hamburger chain
Note MCD #1 status as AI/200 stock in DJIA. Buy
B24. IP21=.25
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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 35.74 -.63 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
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