Tuesday, November 6, 2007

More Baidu

Added a little more Baidu at 427. First time I'm really watching its ticker. Amazing liquidity, volatility. 428 one minute, 426 the next. Baidu is frothy, far above its moving averages, already up more than 2% ($9) today. I'm playing this with the Alibaba.com IPO since Baidu has announced C2C auctioning recently. I'm also playing this with Google, which got upgraded to 850.

YGE is up to 36.50, which is positive. Make that 36.64. Crude is up $2 today, plus a bombing near Yemen. The oil situation was on my mind yesterday, and I wanted PTR at 222, but it was late and my broker stopped taking PTR orders (I don't know why) in the final 5 minutes. PTR was up to 228 in pre-market, but is back down to 222.

No comments: