TigerSoft News Service 6/29/2010 www.tigersoft.com
TigerSoft News Service 6/29/2010 www.tigersoft.com
RECENT TIGERSOFT HOTLINE HEADLINES
and
PEERLESS SIGNALS
Sell S9/S12 - 6/16/2010 - DJIA = 10409
See also PEERLESS
DJIA SIGNALS and CHARTS
SPY: 1993-2010
 |
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6/29/2010
Recent Headlines from
Peerless/TIGERSOFT
Hotlines:
6/21/2010
"PEERLESS SELL S9/S12 OPERATIVE.
Shorting the DIA or SPY Now Seems Reasonable.
The DJIA opened up 120, tagged the resistance
of the falling 65-dma and then went
into a steady decline for the rest of the
day. Significantly, this broke the recent uptrend
of the Closing Power for the DIA.
SPY, QQQQ, MDY and IWM. That the DJI has also
tagged the 10600 objective set out based by the
DJIA's head and shoulder's right shoulder
potential apex means I can recommend
shorting the DIA or SPY."
6/17/2010
"The DJI and other averages may
go a little higher to reach their apex of right shoulders
symmetrical to their left
shoulders... But a re-test of 9800 seems indicated by the S9/S12
from Peerless on the
DJIA."
6/16/2010
"NEW PEERLESS SELL S9/S12 TODAY. A DJIA DECLINE BACK BELOW
10000
SEEMS MOST LIKELY."
6/15/2010
"Peerless Remains
on A Buy. DJIA-10500 Is A Reasonable Target, although a
retreat with good
breadth would be constructive tomorrow. Sometimes the market's
own chart patterns
dictate price action. That seems to be true now. Symmetry is
more common than
asymmetry in the pattern unfolding. The DJIA is tracing out a
head and shoulders
pattern by advancing now upwards towards a right shoulder apex.
If a symmetrical head
and shoulders pattern does unfold, we should see a peak near
10600 (Intra-Day)
"
6/11/2010
"Until
the DJIA breaks out above 10750 (the apex of its right shoulder) or breaks
down below
the 9750 (neckline), we probably should use trading range tools.
The best
tools are the trends of the CLosing Power, the A/D Lines of different groups
of stocks
and the 5-day Stochastic. In this hotline, see that each of these tools now are
short-term
bullish."
6/10/2010
"Today
brought another Peerless Buy B14... DJIA ...Resistance at 10700
6/3/2010
"A
Rally to 10500-10700 on the DJIA Is As Much As Seems Likely Now."
6/2/2010
"Only
The Peerless Buys Give Us Some Hope That The Key Support
at
9800 Will Hold...Short drilling stocks. Hold them short while their
Closing
Powers Are Declining.
5/28/2010
"9800
Is Still Likely Support."
5/27/2010
"Relief
Rally Under Way... Today brought a Peerless Buy B14..."
5/26/2010
"9800-10000
Is Key Support. The ETF's CLosing Powers Are Bullishly
Rising.
That Suggests A Rally of 3%-5%."
5/24/2010
"We
got short-term Buys today as the Closing Power downtrend-lines were
violated
for the DIAI. SPY and QQQQ...This is a short-term Buy. A 3%-4% rally
would
be typical here. "
5/23/2010
"Tiger's
Closing Power and The NYSE A/D Line Are Still in Downtrends.
Wait
until these downtrendlines are broken to Buy. Shorter Term traders
should
use Closing Power downtrend breaks...BP's eforts to stop the flow
of
oil will (likely) fail... Our (Stocks') Hotline is short (BP and) considerably more
than
we are long."
5/21/2010
"Breaks
in (the NYSE).. down-trendline after the DJI is down 9% offer an
extremely
reliable way to call a bottom. "
5/20/2010
"9800-10000
is the most likely support area."
5/19/2010
"The
DJI most likely needs to test its best support near 10000. There are lots
of
cases of broad 10% trading ranges after a big advance. Wait for the TigerSoft
Closing
Power's current downtrend to end and be broken to buy."
5/17/2010
"Wait
for the TigerSoft Closing Power's current downtrend to end and be
broken
to buy. Professionals Are Still Selling To The Public."
5/14/2010
"Wait
for the TigerSoft Closing Power to break its downtrend for the QQQQ,
SPY
and DIA"
5/13/2010
"Having reached price resistance, a retreat by the
DJIA, NASDAQ, QQQQ
and
SPY has now started. The broken
neckline in a head and shoulders
pattern
and a falling 21-day ma both act as resistance levels. When they
overlap,
they reinforce each other and resistance is more likely to
cause
a reversal. Now that we have tested such resistance, a decline has started."
5/6/2010
"NEW
BUYS BUY B5 and BUY B17" (but) "the extreme downside volatility
we
saw today alone should make us nervous. With the DJIA now at a year-long
price
uptrend, we should be careful...I would prefer to see the TigerSoft Closing
Power
to break its downtrend, before going 100% long. "
5/4/2010
"Tthe
completed head and shoulders patterns and Falling Closing Powers
are
distinctly Bearish. SPY Head and Shoulders
Patterns: 1983-2010:
4/30/2010
"Bearishly,
the major market ETFs' CLosing Powers' steep uptrend-lines are
being
broken. They show developing head and shoulders patterns. But the
necklines
have not been violated. If that happens, "duck and cover"