RaginCajun Wed Jul 23, 2008 3:50pm EST 7 Comments
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well, it looked like it was gonna close at the highs of the day.
I still like it though.
Little late to the party on this one ragin… shoulda bought when it closed above the 50 day MA.
Did you pay up for the volatility premium in BIDU (about 65+)? Whispernumber.com has it at .92 EPS, street is lookin for .98 … combined with a similar GOOG conference call, I hope to be sittin pretty on the 5 Aug 280 puts i bought & 10 Aug 300 Call spreads I wrote :-D. Cross your fingers, this shit feels like rollin dice…
Shit. I effectively threw about 15K out the door trying to play that on earnings. Fuck me…
BIDU up +33 pts AH on EPS .13 above street Q2 estimate.
that sucks, dude. the entire market is a dice-roll right now.
UNG looking good here, save some money in case it hits $42 🙂
http://img504.imageshack.us/my.php?image=ungjuly08lb9.jpg
Take a look at CTRP, love the neat, rounded bottom, sitting right at 20 day MA, CHINA looks good here with BIDU earnings positive and olympics.
Looks good rocket.