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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.


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2 comments:

  1. Mark6:28 PM

    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

    ReplyDelete
  2. The Market Speculator1:26 PM

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

    ReplyDelete