Bulls are relieved

This bounce comes right in time. But don't get excited yet, we are not out of woods yet. Just a first step.

China

Positive divergence. If the bottom is in, a perfect double bottom. And I believe this is the bottom. After the Olympic, the market will start rallying.

Oil is shaky

A bullish chart can become bearish quickly. Remember I was bullish on oil in June and bearish on US dollar. Now the oil seems in danger to break down and dollar is on the weekly buy signal. The opposite is also true. The general market was so bearish last month and now it is ready to break out.

Update: SPWR

Now up almost $20 in 8 days! More upside ahead.

Xiang Liu no longer a hero

Xiang Liu was a hero in China, he is the first Chinese man to win an Olympic track and field gold medal. Today he withdraw from the first round of qualifying due to leg injury. A regular athlete has right to be injured and to quit, not him. He is a star, he is a celebrity. He carries much more on his shoulder than any other Chinese athletes. At least he could walk that 110m, that is all I ask for. At least he could show some Olympic spirit, which doesn't include quitting. No more a hero, coward, I call him!

NASDAQ weekly

Notice the pink moving average, which is 30 week MA, about to reverse up. Positive. Also positive divergence, the bold blue lines, another positive.

Update: SPWR

I will sell the first half at $95-$100 area, hold the rest to $120! So far $15.7 in the pocket in 4 days!

Looking back

Remember my bottom call? It is here. That was exact bottom. Where are you, the reader left the comment without a name?

WYNN

It was added last night.

SPWR

I added SPWR couple of days ago, after market it is trading at $84.

ESRX

Added last week.

Troy, good pick!

In BIDU again.

Too bad, got stopped out earlier

Too bad!

Todai opens its first Mainland China branch

LA's seafood buffet restaurant opens the first branch in Beijing. Location is here. I am going to check it out tonight, see if worth of $37 a piece.

Update: it is better than the ones in the States.

Some thoughts for life (in Chinese)

I copied the following from "Trendscar" magazine. 王中磊说自由是最高级别的生活享受，如果一个人可以自由自在，又拥有完美的事业和家庭，那便是人生的天堂了。Amen for that.