"You can't build a reputation on what you're going to do." Henry Ford
Thursday, October 11, 2007
A ton of volume today around 2:15 as traders decided to take some gains and news came out on Baidu. The Dow opened strong and held the gains for most of the afternoon, until the news hit the tape and everything went crumbling. I guess my buddies down on wall street left me out of the loop again. I am still holding nice gains in all positions and plan on holding out for more upside. It is going to take more than Baidu news to slow this bull market.