New [tag]stock picks[/tag] this week:
AsiaInfo Holdings Inc. (ASIA)
Existing & new [tag]holdings[/tag]:
| Symbol | Qty | Last | Gain($) | Gain(%) |
| [tag]ASIA[/tag] | 25 | 25.10 | -66.25 | -9.66 |
| [tag]CTL[/tag] | 9 | 36.34 | 2.25 | 0.69 |
| [tag]MED[/tag] | 14 | 31.64 | 110.74 | 33.33 |
| [tag]RINO[/tag] | 7 | 32.35 | 2.02 | 1.06 |
| [tag]V[/tag] | 20 | 80.33 | 105.12 | 7.01 |
Contribution this week: $100
Current [tag]capital exposure[/tag]: -5.74% 
New positions available to open: 0
Starting [tag]account value[/tag] = $2,136.70
Account value = $2,068.53 (without margin)
Buying power = $3698.77
[tag]Portfolio Gain/loss[/tag] this week = -3.19%
[tag]Portfolio[/tag] Gain/Loss for DECEMBER 2009 = -3.19%
Portfolio Gain/loss for 2009 = -20.74%
[tag]Annual Return[/tag] (CAGR): -25.02%
December 2009 started weak. Most of my stocks dropped down. As a bad luck it dropped just after I added some positions to the existing holdings, such as RINO and Visa. Even though on Friday, after the market lost more than 150 point, my stock started sprinting back up at the end of the trading day, they weren’t able to recover the losses.
Originally I got scared that I bought too high again and new losses would erase my gains, but after the Friday’s trading, when I could see my stocks holding strong, I am more confident and it looks more likely as a little correction.
We will see next week.
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