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Friday, February 27, 2009

Bookkeeping: Restarting Baidu.com (BIDU)

Posted by Mark at 12:18 PM TweetThis
This covers me on both the China and technology angle in one fell swoop - that 2 bull market thesis in 1. Long 2.2% stake at $151s.

Another dreaded "breakout" chart that has done nothing but disappoint the past year - buy the breakout and 2 days later get your head handed to you. We'll give it 1 more try.

I like the relative strength of late.

Long Baidu.com in fund and personal account


I only bring out Kool Aid Man for special occasions - for example, when I'm net long in a major way. Do you really want to bet against him? (or her? or it?)


Posted by Mark at 12:18 PM

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