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BIDU will nudge against $330 tomorrow before a meaningful pullback.Today, it sure looked like short covering and will let BIDU prove me wrong tomorrow. Shorted the August 330 calls and waiting to see it expire worthless on Friday.HP will likely drag down the techs tomorrow - looking to buy the "oils" if the market dips down.Don't buy the financials - BAC had a terrific run but looks toppy lately!!!!
Yea, financials need somewhat of a pull-back. Well, I see BIDU os $328.50 AH so $330 is a no-braner as long as futures point to a positive open.
No brainer just like the San Jose "Sharks" - Go Sharks!!!The problem with BIDU is it is surrounded and circled by sharks (short sellers) - these scoundrels smell blood and are determined to play this POS down.