BIDU

Will look at entry to short and buy puts today. Shorted a small share last night. It is gapping up even further this morning.

Technically it had an exhaustion gap with the GOOG news, MACD lines are weak, MACD histogram is weakening. Honestly i think the high price for paid search is comingto an end. YHOO, MSFT, GOOG, and BIDU are gonna battle it out hurting stock price.

Today BIDU had its pruce target upgraded by Goldman Sachs. What better way to provide a sell signal than that.