Monday, October 01, 2007

Watchlist and BIDU Position

I took a small position in BIDU on weakness this morning, buying 70 shares at an average price of $284.26. My initial target is the recent high at $300.

Stocks I'm monitoring closely include: FCX, SLB, NOV, BHP, AEM, EWZ, DGIT, DWSN, NILE and TBSI.


TraderMark said...

Everything seems so overextended... but they keep running - see the dryshippers and even some solars like FSLR

Will there ever be a 3-5% correction ever again? ;) lol

The Market Speculator said...

I here ya, Tradermark. Chasing overextending stocks is tough to do.