Tuesday, September 7, 2010

Playing the trend



When markets are jumpy and with little follow through I prefer to find a stock that is trending and then keep on trading the trend. BIDU popped up on the making new lows ticker, that means it's in play.
Short BIDU





Cover BIDU






Could have played the bounce but didn't want to go against the trend which was down today
Waited for weakness to show itself again. Waited for it to come to me again. Short BIDU.








Cover BIDU

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