Aug 24th Update & New Trends

New Uptrends - Buys:
Eldorado Gold Corp. at $13.01
Kinross Gold Corp. at $8.93
These partially result from the uptrend of Gold (Electronic)started on August 10th.

UpdateLast Friday Best Buy Co Inc. again did trigger a Buy signal and as expected with all the current negative news, the stock took a plunge and has resulted in a Sell Stop set at $17.31 for this Friday; we'll see how it behaves this week.
Avon Products Inc. hasn't been strong enough to reverse the downtrend it started almost 4 months ago and remains in a short position.
Sprint Nextel Corp. the star of the group fell back below $5 but remains strong as a long position.
Chesapeake Energy Corp. is now well above its Sell Stop price of $17.20 so the Long position and uptrend remain valid.
CNOOC Ltd has dropped approximately 6% from its buy price and has triggered a Sell Stop at $190.44.
All other uptrend positions are still good and most of them are now showing positive returns; those positions are:
Suncor Energy Inc,., Oil Crude (Sweet), Sun Life Financial Corp., The Bank of Nova Scotia, Manulife Financial Corp., Cheung Kong (Holdings) Ltd, The Wharf (Holdings) Ltd,
Bank of China and Bank of East Asia.
Update on previous positions

		Buy		Sell		Short	Buy to Cover		24-Aug	Gain/Loss
US	Date		Date		Date		Date
Avon Products, Inc.					5/11	$20.19			$15.56	29.76%
Sprint Nextel Corp.	5/25	$2.62							$4.89	86.64%
Chesapeake Energy Corp.	7/6	$20.04							$19.39	-3.24%
CNOOC Limited (ADR)	7/20	$202.75							$190.44	-6.07%
Suncor Energy Inc.	7/20	$30.07							$31.74	5.55%
Oil Crude (Sweet)	8/10	$92.87							$96.15	3.53%
Best Buy Co Inc.	8/17	$20.27							$17.31	-14.60%
Eldorado Gold Corp	8/24	$13.01							$13.01	0.00%
CANADIAN
Sun Life financial Inc.	8/17	$22.98							$23.14	0.70%
Bank of Nova Scotia	8/17	$53.28							$52.46	-1.54%
Manulife Financial Corp.	8/17	$11.34							$10.96	-3.35%
Kinross Gold Corp	8/24	$8.93							$8.93	0.00%
Hong Kong
Wharf Holdings Ltd (4:HK)	7/6	HKD 45.25							HKD 49.25	8.84%
Cheung Kong (Holdings) LTD (1:HK)	7/20	HKD 102.00							HKD 106.30	4.22%
Bank of China (3988-HK)	8/10	HKD 2.99							HKD 2.95	-1.34%
Bank of East Asia	8/10	HKD 28.65							HKD 28.45	-0.72%