Wednesday, February 13, 2008

Can we say BIDU!!!

BIDU IS UP $30 after hours on beating earnings. Wasn't that an awesome play from sunday's call on it- almost $70 gain in 4 days totally awesome.
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New HIghs

New Highs for the day. Extremely nice move with Nasdaq showing relative strength. Whether it is the signing of the stimulus package or just option expiration this move seem to have a little energy in it.

Nice move

Well seem to have hit it on the head. Market getting it bounce this week. The DOW is up 138 for the day with some of the financials and techs showing relative strength. BIDU is up beautiful off the recommendation Sunday. We can still more higher in my opinion and I am looking for such a move. Lets see how far we go.

When we hit some resistance I will be playing the QID's just as a heads up.

Wednesday

More upside should be in the cards today but early strength should be shorted. The nasdaq seem to be forming out a bear flag which put me in caution mode especially if we do gap up and see a fill of the gap.