wpe50.jpg (1913 bytes)    TigerSoft News Service    7/31/2009      www.tigersoft.com     

           TigerSoft's "Day Traders Tool"
             and IBM: 1999-2009

                Tiger's Day Trading Tool is primarily meant to assist
              day traders, so that they can appreciate whether there is more
              upside or downside potential after the opening.  Past trends
              in it tend to continue. 

                 Just as Closing Power was originally designed for day
              traders, but is very helpful to intermediate-term investors,
              so, too, is the Tiger Day Traders Tool.

                 I would rate the Tiger Accumulation Index as the most
              important internal strength indicator.  After that, I would
              put the Closing Power Tool, Relative Strength and OBV
              and then the Day Traders Tool.

                 Price patterns and trends are the most important. 

                 Look for divergences betwen prices and the Tiger Day Traders
               tool.   They may continue for a few months.   But eventually,
               prices go in the direction portended by the TTT. 

               Breaks in a  TTT or price downtrend after a bullish divergence
               by it from falling prices bring good rallies to play.

                             October 2001 - 100 to 125 in 10 weeks
                             October 2002 - 70 to 87 in 8 weeks
                             August 2004 - 86 to 99 in 4 months.
                             August 2006 - 76 to  114 in 14 months.

               Breaks in a  TTT uptrend after a bearish divergence
               by it from rising prices bring declines to play short.

                            September 1999 - 120 to 90 in 6 weeks.
                            February 2004 -   97 to 74 in 3 months,

               Confirmed trends should continue until other divergences
               of a head and shoulders pattern occur. 

                                            by William Schmidt, Ph.D.   (Columbia University)
                              

wpe4F.jpg (33251 bytes)  

Tiger Software 
   Helping Investors since 1981
       Make Your Retirement Grow
    Suggestions: 
       Peerless Stock Market Timing: 1928-1966         
Track Record of Major Peerless Signals
       Earlier Peerless-DJIA charts       
7 Paths To Making 25+%/Yr. Using TigerSoft 
       Index Options            
FOREX trading        
Investing Longer-Term         
Mutual Funds
       Speculative Stocks     
Swing Trading       
Day Trading        
Stock Options          
Commodity Trading       

       

         Research on Individual Stocks upon Request:   Includes Composite Seasonality Graph
           of Any Stock for $125. Example of historical research NEM - Newmont Mining.   Order Here.           
========================================================

          
                                                                    IBM: 1999-2009
                
                                                     Bearish TTT                                                 Weak TTT rally.
       IBM99.BMP (960054 bytes)                                                
                                                  Rally suspect.           TTT trying to bottom.IBM9900.BMP (960054 bytes)

                 Given past bearish divergences, when TTT up-trend ends, SELL SHORT in SEPT. 2000.    

IBM2000.BMP (960054 bytes)

 
                           TTT is bullishly zig-zagging higher as prices stabalize.IBM0001.BMP (960054 bytes)                                                           TTT decline is bullishly shallower than
                                                          drop in prices as 9/11 hits. Nice uptrend
                                                          of prices and TTT follow.
IBM2001.BMP (960054 bytes)

                                     Break in TTT uptrend brings sell-off

wpe15F.jpg (77253 bytes)    IBM0102.BMP (960054 bytes)                                                                                Bullish Divergence
                                                                    New low is not confirmed by a TTT low.

IBM02.BMP (960054 bytes)

                               Gradual TTT uptrend matches gradual rise in prices.
IBM0203.BMP (960054 bytes)
                      
                              Gradual TTT uptrend matches gradual rise in prices.
IBM03.BMP (960054 bytes)

                                                TTT DOES NOT CONFIRM FEB. 2004
                                       ADVANCE TO 100 (PSYCHOLOGICAL RESISTANCE)
IBM0304.BMP (960054 bytes)


                                          TTT decline is shallower than price, so a
                             break in the TTT downtrend is a BUY in September.
                             August price low was bullishly not confirmed by TTT.
IBM2004.BMP (960054 bytes)

                                     The negative Accum. Index
                        readings at the top were the best warnings.
                        These generate stock - S9 sells.  Sell short
                         then Closing Power breaks its uptrend and
                        when stock can not get past falling (blue)
                        50-day ma with Accum. Index in (red) negative
                        territory.
IBMS9.BMP (960054 bytes)   
                                             TTT break in uptrend brought on shallow TTT drop
                                             but steeper pricce drop.  The negative Accum. Index
                                             readings at the top were the best warnings.
IBM0405.BMP (960054 bytes)

                                          Break in TTT downtrend sets up a rally.
wpe15F.jpg (46083 bytes)


wpe160.jpg (73810 bytes)

                                                         TTT rise when stock falls sets up a
                                                         bullish divergence.
wpe160.jpg (41492 bytes)

2006
wpe162.jpg (75462 bytes)

                                                                     Bullish Divergence by TTT sets up a big rally when
                                                                     IBM prices break their downtrend.  Low is widely
                                                                     unconfirmed by prices.  This is bullish.
wpe161.jpg (47828 bytes)


                                Expected price rally is matched by Closing Power.
IBM0607.BMP (960054 bytes)

                                             Multiple S9s and head and shoulder tops
                                             warn of impending bear market in key stock
                                             in DJIA, IBM.
wpe161.jpg (78315 bytes)

                                  Violations of lengthTTT uptrends are bearish.
                                  But significant tops take longer to form.  Note
                                  head and shoulders pattern.
IBM07.BMP (960054 bytes)

                                           TTT trend breaks worked well here.

IBM0708.BMP (960054 bytes)


wpe162.jpg (81628 bytes)
IBM2008.BMP (960054 bytes)


IBM0809.BMP (960054 bytes)


  

 
Hit Counter