Don Vialoux iPath DJ-AIG Platinum Index PGM-N TOP PICK Jan 30, 2009

Platinum index. Cars are being built in Germany, India and China. Car sales in China in January exceeded those in the US.

(A Top Pick Jan 30/09. Up 23.82%.) Seasonality is from the end of December through until the end of May. Platinum is used in catalytic converters. Auto sales in China where exceeding those in the US implying very strong growth and was strong anticipation of a recovery. Sell.

(A Top Pick Jan 30/09. Up 56.3%.) Platinum seasonality is Jan to end of May but in this case technicals ran until June 5th giving a return of 27%. Still a Buy but he prefers another vehicle. (See Top Picks.)