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Sunday, 06/21/2009 9:10:43 PM

Sunday, June 21, 2009 9:10:43 PM

Post# of 4545
Chinese Basket Babies...................

Maybe I could call them Chinese basket cases, lol. Each of these
stocks is under $1.00 and no way would I put a lot of money on any one
of them, but I do believe the China will outperform the USA in coming
years. I know many disagree, but I don't want to start a political
discussion.

Below I will post 7 stocks from China, all under $1.00 and I like at
least one thing about each chart. Fundamentals are scarce on some of
these and the Chinese seem to fudge estimates more than Bernie Madoff
at times, so I trust the charts more anyway. I will post the stock,
Fridays closing price and what I like about the chart. I will in
theory buy 100 shares of each for easy figuring and post weekly how
they are doing. Today they total $295 with 100 shares each. I could
weight it to a even dollar amount, but I am lazy.

CHGT--.85-- definite accumulation and a bull flag?

http://stockcharts.com/h-sc/ui?s=CKGT&p=D&yr=1&mn=0&dy=0&id=p02660179348

GFRE-- .58---on balance volume positive and 50 day MA support now.

http://stockcharts.com/h-sc/ui?s=gfre&p=D&yr=1&mn=0&dy=0&id=p02660179348

CNOA--.39---accumulation and small volume on the pull back.

http://stockcharts.com/h-sc/ui?s=cnoa&p=D&yr=1&mn=0&dy=0&id=p02660179348

LTUS--.49--Nice accumulation and sits nicely above 50 day MA support

http://stockcharts.com/h-sc/ui?s=ltus&p=D&yr=1&mn=0&dy=0&id=p02660179348

GHII--.17--Nice bull pennant after massive May up volume.

http://stockcharts.com/h-sc/ui?s=ghii&p=D&yr=1&mn=0&dy=0&id=p02660179348

CCGY--.30--Accumulation and volume pullback on correction.

http://stockcharts.com/h-sc/ui?s=ccgy&p=D&yr=1&mn=0&dy=0&id=p02660179348

CHID--.17- definite accumulation, volume tails off on pull backs.

http://stockcharts.com/h-sc/ui?s=chid&p=D&yr=1&mn=0&dy=0&id=p02660179348

I am buying some of each tomorrow, double on the two .17 stocks.

I got these stocks off the board Bob Stocks posted, but made the charts. Thanks Bob, I do like China>>>

http://investorshub.advfn.com/boards/board.aspx?board_id=9884


GL ALL

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