The ASX has been a little short of good trades over the last few months but over the last 2-weeks there has been some great opportunities. Currently the short term Power Setups portfolio is following along with some 16 trades at various stages of development. We’re looking to bank some good partial profits in ROC after entering at $0.47 on April 28, representing a 34% gain in just a week. BKN, AGS, OMH andNOD are¬† some also showing some great opportunities for short term swings.

Liquidity is still low in the domestic market yet we expect it to grow over the coming months as some bear market bounce confidence keeps building. We do not view this current strength as a new bull market, although we do note that several brokers have called an end to the bad times. They may well be right through to the end of 2009 but we see continued instability for some time to come.

Our intermediate term model, the Growth Portfolio, is faring extremely well in these ripe conditions. This portfolio is based on computer generated buy and sell signals looking to track trend lasting about 10-months on average. We turned this system back on in mid-February after expecting a near term bounce.

The basic idea is that buy/sell signals are given daily and subscribers can pick and choose which suit their own risk appetite. Once the subscriber has initiated 20 positions their portfolio is full and they await a sell signal. Since February there have been 26 possible portfolio combination’s where a full compliment of 20 stocks are held. You can clearly see that all are performing well, although those to the right of the chart have not been running as long as those on the left.

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The Growth Portfolio is one of the most favored styles of trading for subscribers as its easy to use and doesn’t require constant attention. Perfect for active investment purposes.