Sold Qiao Xing Mobile Communication Co., Ltd. (NYSE: QXM) to the portfolio

Sold Qiao Xing Mobile Communication Co., Ltd. (NYSE: QXM). 1200 shares @ $10.85 were sold in the [model portfolio] today. We were waiting for a bounce to exit the position, but this market isn't strong enough to risk a loser any further down. Alerts and strategies (entry/stops/sell targets) have been given to subscribers via email and further details will also made available and updated in our weekly [subscribe] .