I have made two changes to my portfolio. First of all I have decided that owning the Red Rooster is not the smartest way to play China. I am selling Guangshen Railway, GSH (I own the Hong Kong version, HK:0525 and will be able to front-run US trading.)

Also I have downgraded all general emerging market yield funds in our portfolio to buy from strong buy. Until we know who is invested in Argentina bonds we are simply cutting our support for the whole lot of funds in this sector. The yield fund exception is Aberdeen Australia Pacific Income Fund, FAX, because I am sure it owns no Argie paper. However, the long-term implication of a potential default (which may be avoided with negotiations) will affect all emerging market debt. New issues will have to offer higher yields which will push down existing bond prices.

More news follows mostly housekeeping details.

The first hot news item is that despite all the delays and bureaucracy the Portuguese could devise, I and at least one US other paid subscriber got our dividend Friday for Portugal Telecom, PT. I have no idea if the payment was made also to Canadians.

Secondly, inspired by a Chicago reader who worried about the yield portfolio, I have checked the yields. There is one correction, of a major holding, GlaxoSmithKline, GSK, a formula input wrong. It is now corrected although he didn't spot it.

While it doesn't show up properly on my account yet, I now own NYSE-PSG, Performance Sports Group, formerly Bauer Performance Sports of Canada. It is still mostly a Canada firm and we are keeping it.

Tencent ADRs post-split are now in my account but the basis is not shown. e-trade will have to tell the IRS before 2014 ends or I will have to.

I advise conversion of our l'Occitaine en Provence Hong Kong shares, HK:0973, into ADRS. I have had problems inputting the conversion into my e-trade account, and on Friday I learned that this is because apostrophes are forbidden when you give an order on-line. Who knew?

After all the short-selling heaving and hollering, Chicago Bridge & Iron is off about $5 over the week, perhaps because the company's brass had started selling earlier (because they were getting picky calls from the short-seller, Prescience Point). CBI was initially down further when PP published its attack on www.seekingalpha.com but the website published buy advice Wednesday. (by Bret Jensen), Thursday (by Aristofanes Papadatos), and Friday (by George Fisher.) I did not buy more waiting for a fuller reply to Prescience than I could figure out myself without the company's help.

Barron's tomorrow will tip our Origin Energy of Australia, originally written up by Martin Ferera who is away sitting shiva for his mother. OGFGF rose alreadyon Friday, so there may have been a leak from the Dow-Jones publication before it came out. This has happened before.

Also up before the recommendation in Barron's was Iam Gold, IAG, less likely from leak, because as we noticed without Barron's, gold and miners are up.