Wednesday, November 24, 2010

Quick Gains


As you can see my calculated risks from the previous day paid off. It's only an hour into the market today and I made some quick gains. BIDU recovered 2.50% from yesterday and SOHU gained 2.02%. Even the markets corrected and SPY gained $1.04.

As for JKS, it corrected 1.57% as well, but I didn't have a good price when I bought yesterday so I'm still taking a light loss from my buy point. Overall I'm satisfied with the results of my spending spree yesterday. I also set my stops, but I'll explain how I got those prices in another post.

STOPS:

BIDU – 100.13

SOHU – 68.73

JKS – 24.62

SPY – 112.31

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