Todays Highlights (held in our portfolio)

ANR, ARBA, AU, BIDU, CELL, DELL, FDG, FMD, GG, GIGM, HES, INTC, JRJC, MICC, MOS, PCLN, TSO, UBB, YHOO.

Quote List week 12/17

Technical Guidance Pics

Check out the Quote list on the side bar!

They've been doing great, I haven't seen a better grouping in such an unpredictable market on any paper traders portfolio since I've made them active buys.  Of course you could reference my portfolio to assess the holdings of a profitable fund manager with no in-house market making techniques.

CPSL

That's a nice descending wedge with triple tops, I'm thinking a short squeeze is in order as the expiration volume was shy of the stocks true valuation as the options holders of December are a group of dreamer types, however the January call effect will not be so easygoing as the stock has seen recent dumping ahead of the much anticipated mid January correction likely to effect the whole market for a week or two due to the mortgage debacle reports to come, this stock is hugely overpriced I can see it reaching 2.5 in about 3 weeks.  The dreamers wont be so sure to invest in downgraded china stocks reputed for weak fundamentals during the correction, they'll hear of bank liquidity issues and stunted China growth that was largely fueled by banks fueling the SUVS of upper middle class investors they courted like some early bloomers at the lakehouse. 

Week in Review

The dollar is gaining some support and our portfolio is performing as expected, what more could you ask for?

CPSL

There may be something to say for Cpsl after all, going into stock expiration has got many investors bearish, not much room for a gap up during a china rut, I've been at the short since the peak on the 7th, maybe.  The early november gap down trend leads me to believe a short rally may take place rather quickly and strongly as it has happened before.  The bull in me wants to think any trader knows there's not enough fill for a pressure play at this volume however, a little upside on slightly higher close leads the shorts in for the squeeze. Plus the RSI is passing the 50 on a 14day average.