Our China Timer remains strongly bullish, with the USX China Index well above its moving averages, and we believe the odds favor this uptrend continuing. With today’s new stock we’ll be 100% invested as we head into earnings season (the first of our stocks, Baidu, is likely to report on October 18), confident that our due diligence will result in more of our stocks benefiting than not. We’re moving outside of China for our featured stock this week, to recommend an Indian online travel reservations company much like Priceline.com and Ctrip.com. With well-developed, proven technology in an underdeveloped market, we think it offers great opportunity in India’s expanding economy.
