I bought BIDU @ 136.65, with a stop at today’s low.
Update: out at 135.65, intraday flag failed.
Comments »BIDU: Baidu, Inc.
Baidu is number one in my watchlist today. With a little strength today, it could easily rip 10 points– one to watch.
Line In The Sand
The bulls own it with the S&P over 920, and have a chance to run the market here.
Notes: AAPL upgrade, more upgrades/downgrades
Trade Ideas: Fly, MAC, Jeff, ripe trades, Stock of the Year contest
Comments »First Buy of ’09
I bought SRS @ 54.82
Comments »Wait & See
I don’t have much confidence to do anything in this tape. So far we are up more than 20% off our November lows, and it seems stocks need a pullback, yet they still want to run.
If I was forced to make a trade here, I might as well short Jamie Dimond via JPM, as even he is not invincible from this financial mess. I also have no desire to trade AAPL, and will still away from that circus.
As far a today’s movers, check out a few Chart Toppers
Note: I’m still long JASO & DXO, but that may change soon. Also, I’m still working on getting the contest finalized, I’ve been busy.
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