Wednesday, October 31, 2007

Baidu, Sohu, Google - Chinese and Tech Stocks

The stocks are moving again. It seems it is a great time to take advantage of some US tech names such as google and microsoft. In China, it seems anything energy and tech seems to go up. I have SOHU and Baidu, they just keep on going up. Others I am into now are STV, CNTF, LFT, and SNDA. I am watching close for a pullback, but will ride the momentum as long as i can and with the big IPO coming in China of ALiBABA, in which Yahoo owns 39% of the parent company, it looks to be good. Some of the other plays that look good are SOLF and other solar names in China. Take your profits as they come or at least sell half your position when you are up enough to cash in. A couple a good long term solid plays in China are AOB, Very good reports and SOHU, tech sponsor of Olympics in China. Other big gamers in China also, such as SNDA.

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