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Current DateTime: 01:01:27 08 Sep 2008
LinksList Documentid: 23371764
    • Thailand's SET to Correct?

        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 8.2 million shares and over $10 billion traded Thursday in CNBC's Million Dollar Portfolio Challenge.  The top currency trader has more than doubled his money making over $289,000 since currency trading began. Check out Sue Herrera's currency tips here and for daily currency analysis, go to Currency Updates.

Contest Widely Helds and Actives:

  • Among the top currency traders, our scalper continues to be profitable making another $30,000 in fast trades on the EUR/USD and GBP/USD, holding onto a positions for three minutes or less
  • Another leader also favors the EUR/USD, but in long positions measured at hours rather than minutes or seconds
  • AUD/JPY [$$AUDJPY  Loading...      ()   ]continues to be popular amongst the top traders and one of our leaders got in just before the Australian Trade Balance numbers and and held his position until after the US payroll data where the Aussie dollar fell against the greenback
  • The top most active currency trades in the continued to be the EUR/USD [$$EURUSD  Loading...      ()   ] , and EUR/JPY [$$EURJPY  Loading...      ()   ] with the NZD/JPY [$$NZDJPY  Loading...      ()   ] pair climbing to the third spot in the currency actives for the past two trading days
    • The GBP/USD [$$GBPUSD  Loading...      ()   ] has held the third spot throughout the majority of the contest

  • Ambac Financial [ABK  Loading...      ()   ] and Rite Aid [RAD  Loading...      ()   ] moved ahead of Sirius in Thursday's Contest Most Actives trading more than 70M and 60M shares respectively

  • Sirius Satellite Radio [SIRI  Loading...      ()   ] holds the top spot in the Widely Helds with almost 2.5B shares owned in the contest

  • Industrials step it up with UAL [UAUA  Loading...      ()   ] rejoining the top Widely Helds giving Industrials 35% of the top 20. RF Micro Devices [RFMD  Loading...      ()   ] lost its position in the Widely Helds with UAL's addition

Sample of Top Trades in the Leaderboard:

  • Allscripts Healthcare [MDRX  Loading...      ()   ] if you bought on Wednesday before 4pET and held/sold on Monday, you made 5.40%
  • WD-40 Co. [WDFC  Loading...      ()   ] if you bought on Wednesday before 4pET and held/sold on Thursday, you made 4.58%
  • American Public Education [APEI  Loading...      ()   ] if you bought on Wednesday before 4pET and held/sold on Thursday, you made 3.17%

Sample of Losing Trades from the Leaderboard: 

  • Whiting Petroleum [WLL  Loading...      ()   ] if you bought on Wednesday before 4pET and held/sold on Thursday, you lost 6.72%

Bets for today (July 7th):

  • Lehman Brothers  [LEH  Loading...      ()   ]

  • Ambac Financial  [ABK  Loading...      ()   ]

  • E*Trade  [ETFC  Loading...      ()   ]

  • XM Satellite [XMSR  Loading...      ()   ]

  • Aracruz Celulose [ARA  Loading...      ()   ]

  • Sandridge Energy [SD  Loading...      ()   ]

  • Yahoo [YHOO  Loading...      ()   ]

  • Comstock Resources [CRK  Loading...      ()   ]

  • Tesoro [TSO  Loading...      ()   ]

It's not too late to get started.  You can still get in the game to win the grand prize or one of these great weekly prizes.
Click here to play.

bythenumbers.cnbc.com

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