Tischendorf Letter Issue 98 - March 02, 2010
Greetings!
I just bought: YUII - Yuhe international @ around 11.50 and
SPU - SkyPeople Fruit Juice @ around 6.08
Both are Chinese food stocks. Both positions are a bit smaller than usual. To give the positions room to breathe sound stop losses would be:
YUII stop loss slightly below 10.00 and SPU stop loss slightly below the most recent higher low at 5.40
Here are the links to both charts on my public list:
YUII chart: http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2791469&cmd=show[s192758584]&disp=P
SPU chart: http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2791469&cmd=show[s192758229]&disp=P
A great way to support my work is to tell your friends and family. Thank you!
Positions:
MMR - McMoRan Exploration
MRZ.V - Mirasol Resources
MXI.V - Merrex Gold
SPU - SkyPeople Fruit Juice
YUII - Yuhe International
Best regards,
Olivier Tischendorf