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Announcements -

           Tiger/Peerless UPDATE.   A new TigerSoft/Peerless update has been released today.
               The new Tiger's update has the new Sell S12.  It has the 
               new QuickSilver table which is produced for any directory's stocks.
               It should work well with the stocks in LEVERAGE, HIGHIP21,
               MAXCP, MINCP, REDSELL and NEAR65. With this QuickSilver
               table displayed, you point the mouse at the symbol and click Graph.
               The Peercomm will also allow you to get stock data again from Dial Data. 
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     8/11/2014   Peerless remains on Red Sell 12*s.  Volume has been
                        low on rallies and September's bearishness looms ahead.
                        The Public was duped into buying at the top while Professionals
                        were heavy sellers.  Now both Opening and Closing Powers
                        are falling.  This is associated with very steep declines.

                        Particularly disturbing now: the collapsing Closing Powers
                        for 12 of the 30 DJI stocks is sending a most bearish
                        warning: AAPL, CSCO, CHV, DIS, JNJ, MRK, PG, UNH,
                        UTX, V, WMT and XOM.



                        Monday's big +2% gain was completely snuffed out
                        by today's decline, the eighth down-day in nine days.
                        Surely this leaves a bitter taste in the mouths of the bulls. 
                        Buyers will be a lot more cautious now; prices are apt to
                        continue to fall.



                        While it's true the NYSE A/D Line is not confirming the DJI's
                        decline, we can look back at how Sell S12s and S9s brought big market
                        declines in April 1977, February 1984 and April 2002 even
                        though the A/D Line did not immediately confirm the DJI's
                        drop below the 65-dma or its new lows.

                                     World Wide Recession Must Be Worsening
 
                        Often the DJI tips its hand by how it reacts to news.  The
                        Chinese devaluation yesterday was by only 2%, and it was
                        to be only a one-time event.  Even so, the DJI tumbled nearly
                        200.  Now Wednesday morning, the market's suspicions were proven
                        correct as the Chinese have devalued a second time,
                        again by 2%.  As a result, the DJI is down another 100 points.

                        Apparently, there is much more going on here than a simple
                        currency adjustment.  The World Recession must now be rapidly
                        deepening and Chinese export orders are falling off so fast
                        that the Chinese Government needs to drop its exports prices to
                        try to maintain their export industries' jobs.  (Despite what
                        Donald Trump implies, the Chinese are not devaluing mainly
                        to keep out American manufactured goods.  There is not that
                        much US manufacturing still left!)

                        If the World Economy really is this weak, it is only a matter
                        of time before it negatively impacts America.  We can only
                        be a haven for rich foreigners' money so long.  Now US
                        multinationals' sales are headed much lower.  CAT and UTX
                        show this clearly.  And this bearish trend will worsen and
                        broaden if the FED chooses to raise interest rates in these circumstances. 
                        If they raise rates, the Dollar will get even stronger. 

                        While Wall Street Banks want the Dollar to be the World's
                        strongest currency because it attracts international Hot Money
                        here and makes US securities and bonds look like the world's safest,
                        what remains of US manufacturing will be even less able to export or fight
                        off foreign competition's lower prices.  US unemployment will
                        surely rise, boosting the chances for big changes if Presidential Candidates
                        Trump and Sanders continue their surges on this very issue, the
                        export of American jobs.   Trade wars and trade barriers
                        would seem to be inevitable.   Thus, the Smoot Tariff of 1929 shows
                        trade wars are like playing with fire in a hayloft.

                        And, making matters very scary, the stock market has been
                        pumped up artificially by the Fed for years.  So now, its decision to raise
                        rates when the economy is not really strong, could well cause
                        a dramatic fall in stock market, worsened by how quickly
                        Professionals can switch to leveraged bearish ETFs, futures and
                        derivatives. 

                        Though heralded as proof that the US economy was still growing
                        robustly, the truth is that the recent July jobs'  numbers were actually lower
                        than July a year ago and June this year.  The trend is not UP.  It is
                        down.  If the FED does not quickly take off the table a rate
                        increase in September, I would say that it will be very difficult for
                        the DJI not to decline 10% more.

                         I think this is confirmed by the research I have done on what has
                         happened in the past when the DJI shows a negative (or nearly so)
                         Accumulation Index for 80 straight days AND when there are 7 straight
                         down-days for the DJI as it penetrates its 65-dma. 

                                                                  What To Do?
                       
                         Our Bearish MINCP stocks continue to decline.  Hold some of these
                         short.  Sell long positions either when their prices are very over-extended
                         and break their Closing Power up-trends or when they close below their 65-dma
                         and their Accumulation Index is below 0.  Hold long NUGT.  It ought
                         to double.   Gold should keep rising with all this talk of currency wars
                         and if the FED announces it will not be raising rates in September.  Use the 5-day
                         ma pivot-point with the long or short ETFs to see when to close them out.

                                                 Watch Oil, YING (Chinese stocks' ETF)
                                                   and Tiger's Index of Foreign ETFs

                         New lows by all three of these will surely be a sign that the World Economy
                         is weakening dangerously.  US multinationals will be the first to be
                         hit here.  US banks with foreign debts will also be threatened.  And if the
                         world markets' decline worsens, foreigners will sell US stock/bond holdings to
                         remain liquid and solvent.  US markets, as extended as they are, then will
                         not be able to escape an overseas' bear market.  Use Tiger's Power Ranker
                         with the (Foreign) ETF's download to find the weakest international ETFs. 

Crude Oil

YINN

Foreign (Non-US) ETFs

                                         Just in Case... (From Monday Night).

                        Monday's "big jump reminds us that the Sell S12*s are new
                        Peerless creations.  These Sells could prove problematic because
                        just as it was hard for the classic Peerless to produce a Sell in the
                        narrowing market of this past year,  so, too, it is proving just as hard
                        to get a Buy signal, even though Friday's low was not confirmed
                        by all three of the key Peerless Indicators, P-I, V-I and IP21. 
                        Accordingly, let's again watch the NYSE A/D Line downtrend shown below. 

                        If the A/D Line downtrend is broken above, we can treat it as a judged Buy B6. 
                        This was the number of the Buy signal that the original, 1981-1990, Peerless 
                        urged users employ when a well-tested A/D Line trend was broken.
                        (It may not be broken, but I think we want to be prepared in case it does.
                        I suspect that the Closing Powers will turn up for DIA, SPY, QQQ etc
                        about the same time as the A/D Line trend is broken.)"

                                            Extremely weak NUGT should keep rising
                                                  now that its 5-day ma has turned up.

8/11/2015   200+ TigerSoft Charts -                                      Go to www.tigersoftware.com/HH/index.html                          8/11/2015 New Highs: NASD  20      NYSE 27 New Lows:  NASD  73      NYSE 80                                                               8/11/2015  Bullish MAXCP Stocks       52 ---->www.tigersoftware.com/MAXMIN/maxmin/8-11/Rbullish.htm                                  Bearish MINCP Stocks       169--> www.tigersoftware.com/MAXMIN/maxmin/8-11/Rbearish.html

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