Monday, October 15, 2007

Chinese Stocks

The stocks took a wild ride from Thursday until today. They came down quick Thursday, BIDU, SOHU, SNDA, and many more. On Friday, they came roaring back for most part. Today, they seemed to be mostly down with the exception a some such as SNDA, FMCN, YTEC, STV and a few others. It will be a wild week with earnings coming out for Yahoo, google, msft and many more. Baidu reports later this month. This could proof to be a good next quarter if they are stron, or the pullbacks come start soon. Just remember, buying opportunities are great when this happens, just look in the long run for some of the best stocks, where will they be next year in three years if they grow at these rates. China is exploding and they are flush with cash, do some research and spread the risk in different industry leaders.

No comments: