Stock
Positions We Are Monitoring.
Tiger
Software: 8/3/2007
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(C) 2007 William Schmidt, Ph.D. william_schmidt@hotmail.com
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Editor's Note:
Traders,
Until there is a major Buy from
Peerless, I would stay away from
the long-side of the market
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Short Positions:
WMG 11.00 -1.11 AI/200=33 ... IP21<Tisi
RMBS 12.95 -.64 AI/200=37 IP21<Tisi
REXI 13.40 -1.91 Resource America
AI/200=90
SBP 11.18 -1.24 Banco Satander AI/200=14
CBC 22.15 -1.09 . IP21 just went
below TISI. |
Centura Banks red Buy (ignore)
MBHI 14.948 -.47 ...IP21>TISI v
Midwest Banc Holdings
Back above 50-day ma.
AMGN 50.90 -.54 AI/200=68 new red Sell and back at 50-day ma.
1/2 position PHM 18.59
-1.40 AI/200=24 IP21>0
1/2 position MTH
17.19 -1.32 AI/200=24
1/2 position BZH
11.28 -1.76 AI/200=64
Long Positions: (These
are arranged so that the most recent are shown first.)
QID 46.70 +2.11 ... These
are the Ultra Short QQQQ.
When we are bearish the market, these should be bought not sold.
They rose today above their 50-day ma.
===>Sell
VWO - Vanguard Emerging Markets 90.20
AI/200= 199
Foreign ETF chart shows a completed head and shoulders.
Broke 50-day ma. with IP21<0.
MCD 48.52 -.47 AI/200=172-
highest AI/200 stock in DJI
since end of 4th quarter 2006. IP21<<0. Hold
(DD
has an AI/200 score of 159),
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