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.

Update: BIDU

BIDU beat the estimate, but forecast a slower revenue growth for the next quarter, which is just a bit off the consensus. I think today's big red bar could justify 2 million dollar's miss. Though I sold most of my BIDU in the pre-market, I say BIDU is going higher from here. Just a gambler's opinion.

BIDU

BIDU was added to my newsletter yesterday, it had a strong day. But it could be changed dramatically by its earning report that is going to come out tomorrow after bell.

Modified E55 vs stock M6-I like this video best:)

MLNM

I suggested MLNM to the platinum members yesterday. Half position was closed at 5% profit, the rest is holding for more gains.

SUNW

SUNW was added to my newsletter earlier this week. A good earning report push this stock to the upside.

Blogspot is still not stable in China

I could not open Blogspot webpage yesterday, I guess it is still not stable in here. I did not update it, since I had a reason; not because of my laziness.

Update: TZOO

TZOO appears to be an one day wander.

Update: LEAP

LEAP continues to climb along the upper band, the green was my buy pt.

TZOO

I added it to my newsletter last night.

Update: SHLD

I would take some profit around $180 area, the green arrow was my buy pt.

Shutting down the chatroom

Since I am going to be in China for some times, I will close the chatroom and no longer take in any new platinum members.

Another picture

The owner of this bar is an oil painter, no wonder it is so stylish.