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Baidu, Inc. Message Board

  • eurosasa00 eurosasa00 Nov 4, 2011 7:04 PM Flag

    Greek confidence vote - WON - Go market monday

    BIDU will head toward 145-150 range soon
    SINA going to 90

    But this should push market higher next week.

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    • I'm keeping my optimism for Monday guarded.

      I think the market read the scheduling of the Greek no confidence vote so late on Friday night as indicative of a strong intention by Greece to produce some kind of happy outcome for Monday.

      Otherwise, doesn't it seem like the markets should've sold off on Friday way more than they did, in the face of a potential collapse of the Greek government?

      So the good news is that we didn't get our faces caved in as bad as we might have, but I wonder if a consequence of the smaller than expected selloff on Friday might be a smaller than expected recovery on Monday.

      Although I hope I'm wrong.

      • 1 Reply to hmmm26
      • I think as long there is progress to the final resolution, market will be happy and tend to move higher.

        But we will see i guess. I m excited about sina. I m holding 5 nov 80 calls (750$ each) so hope to gain 75% on that trade if sina goes to 90 which is indicated by call option volume.

        Still holding dec 130 bidu calls since 1300$ each. Not cashing in those until bidu hits 150 short term but sooner d better.

        Chinese meeting ended with bidu, sina reps with no major changes in regulations at this time so thats good. Monitizing sina new social website will be a key as well dor sina movement to 90-100 post earnings.

        Lets see how this week plays out.

        Good luck

    • More good news from greece today (sunday) and greece is moving forward to bailout solution.

      This should be good news going into next week.

      Good luck Ll

      Bidu toward 145-150 and sina to 90 short term.

      Gl all

    • No one ever made money with fear.

      Either stay on the side line and watch or take some risk on upside or down side which ever you prefer short term.

      Staying on sidelines in fear is not going to make you any money. Pick the direction (long or short) and I wish you best.

      I am just optimistic that next week, market is going higher so I am long in BIDU and SINA.

      GOOD LUCK - NO FEAR = $$$

    • GREAT! and by the way, thanks for your market advices eurousa.

      Keep them coming.

141.26+0.74(+0.52%)Oct 8 3:59 PMEDT