Stock
Positions We Are Monitoring.
Tiger
Software:
12/3/2007
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(C) 2007 William Schmidt, Ph.D. william_schmidt@hotmail.com
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Editor's Note:
Stay hedged for now. Weaker stocks are often under
pressure until tax loss selling lifts at end of year.
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Short Positions: TISI = 21-day ma of Accum. Index.
IP21=current value of Accum. Index.
In general, we will cover these short sales if they close above
50-day ma. with IP21>0
I should have said wait for the breakdown below 12,700 to add to short positions.
But these look very weak. And Tax selling usually depresses stocks like these
until the end of the year.
Short
sales
ABCB 16.66 -.17 At declining 50-day ma...
AI/200=40
CMA 45.94 +.16 AI/200=62 New red Sell.
CTX 21.85 +.99 IP21<-.35 AI/200=63
CWTR 8.14 -.11 AI/200=70
HOV 7.43 -.13 AI/200=32
JCP
43.71 -.41 AI/20=43
MAS
22.16 -.24 AI/200=17
MCGC
10.81 -.49 AI/200=67
ALOY 6.64 AI/200=54
IP21<-.50
HOV
7.54 -.13 AI/200=28
BLG
5.41 -.31 IP21= -.25
CHRS
AI/200= 50 5.33 -.20 IP21=.30
IMN
AI/200=55 19.88 -.19 IP21>TISI
RVI
AI/200= 6.80 -.14 IP21=negative TISI
TIBB
8.95 -.03 AI/200=39 IP21=<0
Bottom was made on high volume (red) reversal day,
FLML 8.17 -.35 IP21<0 ... Hold.
Long Positions: (These are arranged so that
the most recent are shown first.)
Long Posiitons.
KTEC 34.73 -.02
Running...confirmed IP21>.40
XBI 60.15 -.57 -
IP21=p Close to making flat topped breakout.
AI/200=193 Unable to breakout.
TLK
44.30 +.97 on Red Buy
Indonesian Telecomm
SSRI
AI/200=122 37.40 +1.15 OBV is lagging.
Violated 50-day ma
with IP21<0. Hold because silver is still rising. Silver
DBE AI/200=164 34.17 +.77
AR ...IP21=.40 Hold... Thin Natl Resources
PMFG
38.74 +1.51 Red Buy Very high Accumulation Thin ...
IP21>.25
30 is expected support if there is a decline. AU.200=190 Steel
RFMI 5.84
Recent Buy B12 AI/200=126
RF Monolithics, Inc., through its subsidiaries, engages in the design,
development,
manufacture, and sale of wireless products. Its wireless solutions include Virtual
Wire short-range radio products consisting of hybrid transmitter, receiver, transceiver
modules, and transceiver design and development kits; radio frequency integrated
circuits; and module products.
RIC 3.06 Head and
shoulders top. low priced gold stock with low PE.
Testing support at 2.9- 3. Note recent IP21<0 on new high.
WFT 63.90 +1.28 IP21>0 and below
50-day ma. OBV is making new
highs. Oil Play
AI/200=186
GLD (Gold Bullion.) 78.28 +.96 Broke 21-day ma Hold because of long-term
trend of weak dollar.
MCD
59.83 +1.36 AI/200=137 At 50-day
ma... Normally held for 21 months.
Was Tahiti Stock for Quarters 1 and 2, 2007.
XOM 88.85
-.31 AI/200=164... Highest AI/200 Stock.
head and shoulders pattern needs to be worked off.
At rising 200-day ma.
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