AlphaKing.com
Daily Trend and Trade Review	December 2, 2009
Trader Talk Sellers jumped on board positive early action today, with a mixed close run on decreasing volume. Officially, the Dow industrials fell 0.2% on NYSE volume of 4.6 billion, while the NASDAQ advanced 0.4% on 2.1 billion. The leadership profile remains positive, with 467 stocks making new highs versus 86 making new lows. The short term momentum oscillators remain negative, non-confirming the bullish stance of the AlphaKing Trading Indicator for the NASDAQ (while the Russell 2000 AK Trading Indicator remains negative.) We have no new trades at this time. Today’s rally pop and reversal looks like completed corrective waves, and if so the red ink blood-letting should start early tomorrow. The past three weeks has seen essentially the same pattern: a rally early in the week that completely evaporated by the Friday close. The splintered technical action of late suggests the bears have a perfect set-up to pull-off such a reversal here, and this time around it should deal the killer blow. If the bulls do survive, and are able to push the Russell 2000 above blue line support of the 50 day moving average, then the door would open for real on an end of year blow-off run. How the bulls can survive here, with now some of the generals joining the troops in refusing to go up the hill, is beyond me, but we‘ll follow the markets wherever they go. We should know pretty soon whether the bulls or the bears will be unwrapping presents with a smile or a frown on their face. Buckle up, Lads, for the fun is about to start. 401K investors should be invested in a money market fund. Kevin Wilde, Chief Trading Strategist AlphaKing.com. Portfolio Update Archive Trades: Index Portfolio: No new trades GrQ/4 ETF Portfolio: No new trades GrQ/8 Hedge Fund Portfolio: No new trades GrQ/25 Small Cap Portfolio: No new trades Performance: Portfolio Long Only Long/Short Index Portfolio 2009* 36.8% 13.0% Annual 1973-2008* 13.1% 19.4% GrQ/4 Portfolio 2009* 19.8% 16.1% Annual 2000-2008* 13.0% 21.1% GrQ/8 Hedge Fund Portfolio 2009* 0.8% 21.1% Annual 1999-2008* 6.5% 22.8% GrQ/25 Small Cap Portfolio 2009** 27.5% N/A Annual 2001-2008** 15.6% N/A GrQ/25 M100 NASDAQ S&P500 DJIA * Compounded results before commissions, dividends, or interest income during those periods when portfolio invested in money market funds or short. Back-tested data used to compile results prior to 2004, actual trades since. ** Performance tracked by Marketocracy.com, and results include commissions of $0.05 per share per trade. Trade the AlphaKing Portfolios at FolioFN.com Current Positions: Index Portfolio* Position Entry Date Entry Current Profit/Loss Long TWM 11/12/2009 28.77 28.04 (2.54%) GrQ/4 Portfolio* Position Entry Date Entry Current Profit/Loss Short XHB 11/12/2009 15.28 14.69 3.86% Short IBB 11/12/2009 78.71 80.18 (1.87%) Short EWJ 11/12/2009 9.54 9.85 (3.25%) Long QID 10/26/2009 21.91 20.70 (5.52%) GrQ/8 Hedge Fund Portfolio* Position Entry Date Entry Current Profit/Loss Short ILMN 11/12/2009 33.26 29.18 12.27% Short YHOO 11/12/2009 16.08 15.31 4.79% Short AMAT 11/12/2009 13.02 13.00 0.15% Short CHA 11/13/2009 45.57 45.99 (0.92%) Short SHLD 11/12/2009 70.72 73.61 (4.09%) Long QID 10/26/2009 21.91 20.70 (5.52%) Long QID 09/30/2009 22.86 20.70 (9.45%) Short SA 11/13/2009 23.11 28.24 (22.20%) GrQ/25 Small Cap Portfolio** Position Entry Date Entry Current Profit/Loss Long MZZ 11/13/2009 24.41 23.92 (2.01%) Long MZZ 11/13/2009 24.41 23.92 (2.01%) Long MZZ 11/13/2009 24.41 23.92 (2.01%) Long MZZ 11/13/2009 24.41 23.92 (2.01%) Long TWM 11/12/2009 28.77 28.04 (2.54%) Long TWM 11/12/2009 28.77 28.04 (2.54%) Long TWM 11/12/2009 28.77 28.04 (2.54%) Long TWM 11/12/2009 28.77 28.04 (2.54%) Long QID 10/26/2009 21.91 20.70 (5.52%) Long QID 10/26/2009 21.91 20.70 (5.52%) Long QID 09/30/2009 22.86 20.70 (9.45%) Long QID 09/30/2009 22.86 20.70 (9.45%) Cash x 13