Picks of the Week

Notice I said Picks. This market has been in an upward trend since the Fed announced its rate cut, and it was further cemented with this weeks cut. Now is the time to establish new positions, or add to existing WINNING positions.

First a recap of last weeks selection.

I recommended FSLR at $131.84, with a current price of $138.60, we are up 5.1% from our original recommendation.

Onto our new picks. I present to you three positions.

BCSI at $46.95/share. Their WAN products are designed to interface with programs such as SAP across multiple locations. Their products are highly in demand and have seen extensive growth.

SINA at $51.90.share. We've heard so much about Baidu.com that its suprising this Yahoo like Chinese portal has not received more publicity. If you like Baidu.com, you will love SINA. The Chinese economic growth makes for hot stock plays in the current market, and this should be a darling for the coming months.

EMC at $22.57/share. Who doesn't love the upward movement VMW has had since its IPO earlier this year? Afraid its too late to get in on this IPO? Well, that is why I love EMC. They own 75% of VMWare and should reap the benefits in their earnings by the astronomical price movement seen in VMW.

We will check the progress of these picks next week and every week thereafter. Remember, all stock positions should be sold after a 9% loss, no matter what.