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Stock of the Week is from China

We are pleased to report that our aggressive trading portfolio, which had its inception on November 7, 2008, (with a value of $200,000) was worth $426,471 on November 2, 2009 – a one-year gain of +118.23%. On December 1, 2009, it was valued at $497,821 – a 16.73% one-month gain, and it was worth $525,104 on December 31, 2009 – an additional gain of 5.48%. The stocks we buy and sell in the portfolio are ones that we recommend in our weekly investment letter. You can subscribe to our aggressive trading portfolio and immediately see what we are buying and selling by going to Cottonstocks.net.

The stock market still has upward momentum and we are buyers until we see a radical change, which we can get. The stock picks below are mostly speculative. VLNC, WATG, SPNG, BRT and CTFO have significant insider buying. Our normal buying strategy is to buy 40% of our position now and 30% more on each 20% decline from the original buy price….in order to ensure good entry prices.

Solid stocks we like: Sohu.com (SOHU) 51.21; Wonder Auto Tech (WATG) 9.84.- Speculative stocks with good charts and reasonable prices: Yongye Int’l (YONG) 9.44; China Transinfo Tech* (CTFO) 7.89; BRT Realty Trust (BRT) 5.03; Atyhersys (ATHX) 3.30; Genvec (GNVC) 2.35; Valence Tech. (VLNC) .93; Sponge Tech Delivery (SPNG) .04. This Market Letter was published on Monday, March 1, 2009, at 8:30 AM. The editorial portion has been edited slightly.  Please see our stock charts attached below.

 

* Cotton’s “Stock of the Week”

** We hold a position in the stock or option

GO TO STOCKCHARTS.COM TO VIEW THE ABOVE STOCK PICKS

YOU CAN EASILY LOSE 100% OF YOUR MONEY TRADING OPTIONS  

ABOUT THE AUTHOR
J.W. Cotton

Cotton's Technically Speaking is an online market letter published weekly by technical analyst Joe Cotton. The market letter features stock and option picks, and is based primarily on the analysis of stock and market trends. You can visit his website at www.cottonstocks.net to get more information or subscribe. 

The author, Joe Cotton, in many cases has purchased or purchases the stocks or options featured, at prices equal to or lower than, or higher than the recommended price herein. A double asterick (**) indicates the author either holds an option, or stock position in that company as of publishing date. PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS. THIS MARKET LETTER IS BASED ON THE TECHNICAL ANALYSIS OF STOCK TRENDS BY THE AUTHOR AND IS IN NO WAY TO BE CONSTRUED AS INVESTMENT ADVICE. For Investment Advice, consult an Investment Advisor or Certified Financial Planner. It is imperative that you use stop-loss orders in order to protect yourself against substantial losses in any particular stock-or in the event of a terrorist attack on U.S. soil. 

TO SUBSCRIBE, VISIT OUR WEBSITE WWW.COTTONSTOCKS.NET  OUR “WEEKLY ONLINE MARKET LETTER” is $4.95; a 6-Month (Introductory) Subscription (24 Issues) is $100; 1 Year Subscription (48 Issues) is only $200.00. ; A 1 Year (12 Issues). Subscription to our Simulated $200,000 Aggressive Trading Portfolio (with immediate E-mail updates on any Portfolio changes) is only $200.00.   100% MONEY BACK GUARANTEE ON THE UNUSED PORTION OF ANY FULL PRICE SUBSCRIPTION  You can subscribe online, or send a check or money order to : P.O. Box 66902, St. Pete Beach, FL 33736…Or  you can call us at 1-727-289-4436 -10:00 AM to 5:00 PM ET Mon-Fri.   We Fax, E-mail or Mail your subscription.        
 
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Comments
Asthe largest consumer and producer of gold in the world, China is wellpositionedto increase the country's gold holdings to 10,000 tonnes by 2020.With the USdollar weak, and Chinese consumers now allowed to purchasebullion-backed goldcertificates, China's rising demand for gold could have thecountry surpassingthe United States as the largest holder of gold reserveswithin the next 10years. The following article from Commodity Onlinehas more on this.Credit Suisse Says Charts Show Gold Is Poised To Jump Higher. Watch video here-http://www.businessinsider.com/credit-suisse-says-charts-show-gold-is-poised-to-jump-higher-2010-2Gold should allready be at $1,500 acording to the fundamentals but isbeing manipulated as we all know. Gold will go to $2,000 at the end of 2010 ismy prediction.with the possibility of a spike to US$4,000-5,000/oz
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