After yesterday's debacle, BIDU is finding good support at purple line.
Question remains if it can go back to 359. I am staying on sidelines to watch the action play out.
FOMC Projections
4 hours ago
Subscribe to:
Post Comments (Atom)
Analyze different stocks and markets to understand trends leading to successful trading and possible long term investments
Subscribe Now: Feed Icon
Labels
- Analyst predictions (20)
- Currency (20)
- Earnings (12)
- Economy (23)
- Emerging countries (4)
- ETF (1)
- Historical Data (2)
- IPO (1)
- Miscellaneous (2)
- News (60)
- Reviews (1)
- Trading Updates (61)
- Trends (55)
- World (6)
Favorite Links
Blog Archive
-
▼
2007
(53)
-
▼
October
(20)
- FED cuts by 0.25 & 0.25
- Earnings-Q3-2007
- Yield Curve & SIV shocks
- QQQQ- Where do we go from here?
- QQQQ Chart
- GOOG earnings
- The World's Greatest Get-Rich Formula
- Massive hammer on QQQQ
- Trends- Aegean Marine Petroleulm (ANW)
- Market update
- Will markets continue to rally?
- Ugly Q3 reports from Financial companies?
- Oct 1987 crash and measures since-NY Post
- BIDU finding good support
- Market pullback has officially started
- Chinese Stocks- JRJC, RCH, BIDU
- STV- New Chinese IPO- Third Day IPO rule
- LDK update
- Solars-LDK
- Article on why stocks are rallying after FED cut
-
▼
October
(20)
About Me
- Sam
- I have been actively trading for the past 3 years. After 2 years of struggling with stocks, I reached an inflection point in October 2006 and have been making good profits since then. I learnt that identifying trends early and focusing on the fundamentally best stocks in that trend is very important. Moreover just fundamentals are not good enough. You need to complement that with good Technical Analysis to pick great entry points and exits. They say a picture speaks a thousand words and I strongly believe in that. I use trendlines, Fibonacci and Elliott Wave theories as part of my TA tool sets. Last but not the least, one needs to keep accurate trading records and have a sound money management system to succeed.
Disclaimer
This is not trading or investment advice. All opinions and posts in this blog are intended for educational purposes only and none of us are liable for any potential damages that may be incurred from this information.
No comments:
Post a Comment