ATI

ATI is on fire today, now up over $6 from my buy pt.

NASDAQ

It finds support today, hope it will build a small base here.

Not pretty

Today's decline is brutal. As I kept saying in my newsletter last week, it was time to take profit, not entering the market buying blindly. I am afraid this year's incredible run is over marked by this selloff and I closed most of my long positions today. Be careful out there.

It was a great market

I have produced some nice profit during the last couple of months, please go check it out to the right under "winning trades". How long will this bull market continue to run? I don't know. But I do know now it is not the right time to be aggressively long.

Where is BIDU now?

http://uclatrader.blogspot.com/2006/10/bidu.html
Remember what my comment was on BIDU, it is now at $114, $24 over my recommendation.

Currently I am bullish on these

They have been featured in my newsletter for some times.

I can't access Blogspot

I could not access Blogspot in the last 20 days from Beijing. Tonight I get lucky somehow. So I will try to update as much as possible in case I will be blocked again later.

NASDAQ

NASDAQ gave us a first sell signal, tighten stops. This time the decline may be more severe.