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Current DateTime: 08:58:12 06 Sep 2008
LinksList Documentid: 23371764
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        Emerging markets investment guru Mark Mobius told CNBC's Asia Squawk Box that he's bullish on Thailand as an investment destination long term. But he's also looking for a 20% to 30% correction in the market. Let's see whether the charts agree.

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Nearly 2.0 billion shares and $26 billion traded on Friday in CNBC's Million Dollar Portfolio Challenge.  The top currency trader has doubled their money making over $137 thousand since currency trading opened.  Many of our overall and weekly leader contender have made more than $40 thousand dollars in currency trading which is helping keep them on the Leaderboard.  Check out Sue Herrera's currency tips here and for daily currency updates, go to http://www.cnbc.com/id/22618039.

Contest Widely Helds and Actives:

  • Stewart Enterprises [STEI  Loading...      ()   ] and CMGI [CMGI  Loading...      ()   ] joined the contest Most Actives Monday trading over 37M and 23M contest shares respectively on earnings.

  • US Airways [LCC  Loading...      ()   ] replaced Delta Air Lines [DAL  Loading...      ()   ] in the most widely held stocks of the contest with over 149M contest shares owned.

  • EUR/USD [$$EURUSD  Loading...      ()   ] remains the most active currency pair and hopefully our contestants have flipped and are on the right side of the trade as the dollar strengthens against the euro today on Fed speak.

  • USD/JPY [$$USDJPY  Loading...      ()   ] , the second most actively traded pair in the contest, is also a top long position today in the leaderboard.

  • The risky and volatile carry trades of GBP/JPY [$$GBPJPY  Loading...      ()   ] and USD/CHF [$$USDCHF  Loading...      ()   ] which had been highly profitable turned against one of our currency leaders yesterday costing her $22,000.

  • Financials & Industrials each comprise 25% of the top widely helds

Sample of Top Trades in the Leaderboard:  All about coal plays

  • Hilb Rogal & Hobbs [HRH  Loading...      ()   ] if you bought on Friday before 4pET and held/sold on Monday, you made 41.86%

  • BE Aerospace [BEAV  Loading...      ()   ] if you bought on Friday before 4pET and held/sold on Monday, you made 11.05%

  • James River Coal [JRCC  Loading...      ()   ] if you bought on Friday before 4pET and held/sold on Monday, you made 11.18%

  • Foundation Coal [FCL  Loading...      ()   ] if you bought on Friday before 4pET and held/sold on Monday, you made 5.44%

  • Patriot Coal [PCX  Loading...      ()   ] if you bought on Friday before 4pET and held/sold on Monday, you made 3.52%

Sample of Losing Trades from the Leaderboard: 

  • Western Refining [WNR  Loading...      ()   ], formerly a sweetheart of the contest, but if you bought on Friday before 4pET and held/sold on Monday, you lost -11.22%

Bets for today (June 10th):

  • Sociedad Quimica y Minera de Chile [SQM  Loading...      ()   ]

  • Potash [POT  Loading...      ()   ]

  • Agrium [AGU  Loading...      ()   ]

  • Alpha Natural Resources [ANR  Loading...      ()   ]

  • Massey Energy [MEE  Loading...      ()   ]

  • Apache [APA  Loading...      ()]

  • Southwestern Energy [SWN  Loading...      ()   ]

  • Monsanto [MON  Loading...      ()   ]

If you haven't registered yet, there are still great weekly prizes and it's not to late to go for the grand prize.  Click here to play.

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