Uranium report from Australia gov research agency

something to bull us up further, from a relative objective/long term source

http://www.abareconomics.com/publications_html/ac/ac_09/ac09_Sept_a.pdf
p495-500

stable supply, stronger demand from reactor when world consumption already outstripped production

= 22% forecast rise in 2010 spot

Idea for Nov: Long Japan Small Cap, short Yen

idea by Ronnie:

Long Japan small cap (Mothers index) + Short yen

- Japan equity is a big laggard

- companies are unprofitable due to strong yen

- money may chase this country/sector with other cyclicals having rich valuation

- despite no E, cash level is high with cheap PBV

Short yen

- adding some bang for the buck to the small cap exposure

- carry trade candidate to short, level too close to 2008 high, resistance seen at ~90

- govt can't allow further strength in currency which choke off exporter profits

- new administration may now be more willing to intervene

yen weakness will lead to mothers' strength

another idea:Long A50 or H shares index

Long A50 or H shares index

1. CSRC stated late yesterday that they support healthy growth of onshore market;
2. Unlikely to have major crash before national day holidays in Oct;
3. both Bollinger and stochastic hits oversold zones.

Medes

1st idea: long natural gas

natural gas has seen oversupply, and seriously underperformed oil. Year to date it's down with crude to gas ratio at unprecedented levels.

seasonal would suggest gas tends to make a bottom near aug/sep period. When heating season starts, gas rebounds.
supply is still an issue, but more utility projects are being constructed to use gas rather than oil