Home Inns (Ticker: HMIN) 2008 Olympics Play
Cup N Handle breakout coming right up.
posted by Greg @ 5:23 AM
2 comments
Greg's Trading Journal
I've made the markets my life study by tracking stocks and commodities, reading every trading book I could find, and managing accounts for myself and for others. It's my goal to share experiences by continually improving, and receiving feedback from people who share a love of the markets.
Thursday, October 11, 2007
Cup N Handle breakout coming right up.About Me
- Name: Greg
- Location: Tucson, Arizona, United States
Favorite Trading Rules #1 When you're right, have the patience to be right big, and when you're wrong, have the discipline to be wrong small. #2 Knowing the future is not important, knowing the trend is.
2 Comments:
Greg,
Thanks for the this post. I have not really thought about the Chinese Olympics and investment plays.
What is your opinion of BIDU's price action today. I have a few shares - at this point I plan on hanging on.
EMC has been a good call. I have made a few dollars on that one.
Hi John,
A few of the Chinese stocks caught a downdraft today. Most of them look like a normal down day, but a couple got an air pocket (MR, FMCN). So far it’s paid to hold weakness and buy pullbacks because of the market's strength.
A friend of mine that has held EMC for a long time said he thinks EMC could hit 30 by year end. Then he added "Dream BIG". I'm "visualizing" the same thing the way it's moving.
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