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Sunday, November 22, 2009

Starting Line-up Review...



















So this month has been really interesting with the stock market and really volatile.

UEPS - Continues to hold good strength and has held up well off it's support levels.

CNU - Has really shot up off it's critical support levels. If you bought in at that point, it was extremely risky but it did pay out well so far.

NTES - Was at a good buy in spot and responded well. But the Chinese government has decided to play bully, and their qtr report was not as quite as stellar as the market wanted, but despite a recent drop, has maintained it's support levels.

GHM - Another stock which has bounced up extremely well off it's support but perhaps a bit too fast. If you bought in, 30% gain in 3 weeks is certainly not too shabby.

IAX - Is still an attractive play on the pet industry and looks to be worth while for a long term play. This stock seems to be in a trading pattern of a good quick rise, followed by a longer (month or two) period of flat performance. I bet in a couple months it will shoot up once again.

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