Dear Member:
Even though the Dow hasn't yet broken 12,000 it is toying in that lofty area. The markets still look strong. Volatility remains low affirming the bullishness for the moment.
ARK went x-dividend on Thursday, payable on October 31st. It is paying 5 cents a share per month which equals an annual dividend of about 9% on my initial investment.
CDC Corp. (CHINA) has made a strong move this week and is up almost 12% since my entry.
Sanmina (SANM) is honoring the uptrend line.
Emcore (EMKR) is showing some resilience. Denny's (DENN) broke above the resistance today and is looking pretty good to me.
Mindspeed (MSPD) was up for the day and for the week. Commtouch Software (CTCH) is continuing its progress.
Overall, there was nothing bad to report for the $10 and Under group this week.
Have a wonderful weekend.
Bill
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