11/14/2006

China Syndrome

The Chinese stocks, after a sideways moves or pullback for a year or so have started flying again. Lot of recent IPO's are also witnessing breakouts. The leisure sector as also witnessed some breakouts recently. And Wall Streets favorite sector- Restaurants have also been doing well. So there is no lack of opportunities. And if you were following earnings/sales you would not have missed the obvious ones like CAAS and MEND. Few hits like these can make an year. Just follow the earnings. Low float and neglect, added to the earnings/sales mix is dynamite which gets you those 25% plus kind of moves in few days.

Breakdowns after good earnings like the one you see on ILMN are also good opportunities, if you are trading on the short side.


Long Position/watchlist

BIDU,Baidu.com Inc
CAAS,China Automotive Systems Inc
CHDX,Chindex International Inc
CHNR,ChinaNatural Resources
CRVL,Corvel Corp
CTDC,China Technology Development Group Corp
CYD,China Yuchai Int Ltd
DSTI,Daystar Technologies Inc
EFUT,E-Future Info Tech Inc Ord
GOOG,Google
IIG,Imergent Inc
IOC,Interoil Corporation
ISIS,Isis Pharmaceuticals Inc
KSW,KSW Inc
LQDT,Liquidity Services
MA,MasterCard Inc
MEND,Micrus Endovascular Corp
OLAB,OraLabs Holding Corp
TARR,Tarragon Corp
TRMP,Trump Entertainment Resorts Inc
VDM,Van Der Moolen
WTS,Watts Industries Inc A
WYNN,Wynn Resorts Ltd

Short Positions/ watchlist

ALOG,Analogic Corp
BBC,Bodisen Biotech Inc
ILMN,Illumina Inc

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