Bought Bidu In The Premarket, Going Up Up Up!

Whatever Bernanke says is just words and whatever Bernanke does is just actions. Whatever they report on a conference call doesnt matter and your personal opinion doesnt matter either...of me or the markets in general. All that matters is this chart along with the NQ and the TF. They all tell the same story.

You can go to bed now. Even if you dont have access to this kind of chart like I do, all you got to do is go to Finviz in the morning. If its over 1390, then the long thesis is perfectly intact and I will probably be wrong on Apple. However, if its somewhere below...way below then I will probably be right.

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Not sure what chart I was looking at before, but this one clearly shows DANG bottoming on December 19th and Uptrending since then.
Buying yesterday or today is right on a higher low, on a pullback to the 50 day MA.
There were also Golden Crosses between the 20 day/50 day MAs in January, and the 50 day/200 day MAs in April. Things I pay attention to at least.
So I'd buy this one too.
Still wouldn't buy BIDU right now, nor sell AAPL however.
But it sounds like you have a thesis for those trades, with Stops in place in case you're wrong.
Good Luck!
:)
 

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Carry on shorting AAPL on the day after it has had it's largest gain since 4 years. Double profit in a quarter. And the biggest move by the Nasdaq this year. I own no AAPL, so could care less, but it's place in the Nasdq/S&P is not to be ignored.

Sounds like a plan. I guess you nailed the 'top' again. No worries, I have had my share of shitty calls.

Why short strength and growth.
 
You are speaking in terms of long term investments. I have absolutely zero knowledge of what may make a good long term investment. Ive been proven wrong each time I tried to predict such things. However, Im pretty good at simple probability. I just explained in this thread in detail my thoughts on that simple probability and dont believe I need to add much more to those thoughts.

Just remember if Apple does get back to 644 it might be many months and your money could be used elsewhere during that time.
 
I was wrong on you shorting aapl at 600 I thought you would lose

You seem wrong on both BIDU and DANG (from long side) today 5/7

Seems all three are DOWN from when this thread started, and you are short only one.

I dont know your time frame to get out, stop loss or anything!

Truth I am just a short-term Trader, I know nothing about "swing Trading" and if Im right its just my general Chart reading skills that are working is usually accurate in the here and now. The Trends I can see develop on Daily charts or hourly charts ect are just guesstimates I use taking a glance at the charts you mentioned with this thread..
 
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