1 reply to this topic

[hedgehawk]

Looks like a good short candidate on the open . It popped 27 points today..............

[hiker]

I think BIDU is different than the other Chinese ADR's...just my opinion. It owns its space, relatively speaking...

and if a long-term play is sought among the ADR's, many would pick this one over the others...because of the space it is in.

big price moves up can be accumulation....not simply short-covering.

when I want long-term exposure to China, these are my three picks;

http://stockcharts.c...llery.html?bidu

http://stockcharts.c...allery.html?yzc

http://stockcharts.c...allery.html?gsh

just my 2cents.

yes, I currently own some other Chinese ADR's....as price channel trades.

yes, BIDU may be near the top of its price range. no need to short it until a decline off the new highs gives a sell signal.

how many folks attempted GOOG shorts from 130 to $400 without much success.

BIDU chart from April 24th -

http://www.traders-t...?...amp;&cat=39

Edited by hiker, 27 April 2007 - 07:34 AM.