I think use.caution likes to talk to himself knowing that Baidu will be back at 100 next week, but hoping the market manipulators will push this down further. No way you can tell me China is slowing going into the end of the year. I read a report where manufacturing was picking up.
i think a sense is developing in the market that if FB can monetize mobile effectively as seems to be the case then so should BIDU...Technically, if we can re-conquer the 100 level then a major cup and handle reversal could be under way...i would then increase my small long position for sure
Looks to me they are making bagholders before 85, then 77, not stopping till 71-72 range, I'll keep buying puts here and calls in AMZN, look at the 5 day on AMZN, smart phone coming in June faster then the Samsung Galaxy s3 for only 300.00 and targets raised on average 314.00, could be that right before earnings end of Jan.