Tuesday, August 2, 2011

SOHU trade amid debt crisis

Two weeks ago, bought SINA, drop, then sold, lost $100... if wait another day, got back up...
Google, got in on July 20 at 598, Debt crisis coming, market down since Monday, Google stay strong monday, tuesday, high 623, i sold around 618, when it was 1% down on Wed.
MIserable GDP number on Friday...
Deal happended on Sunday night, Asian market rally, Bought GOOG back pre-mkt Monday at 611.xx
Bought SOHU in the morning before the weak ISM index at 10am...after i bought at 9:5x am..it drop from -6.5% to 12% at the end...84.51 to 79.14...i bough 70 shares...Tuesday morning, Sohu go as high as 84 for a quick while around 9:38, i then sold at 83.18. -$103.

Bounce back a little on Wednesday, end 7 days lossing streak.. GOOG at 599?
Thrusday... drop to 577 because of the 400000 jobless claim number, and ECB chair's comment that they only buy Portugese and Irish Bond but not the Spain and Italian.

Friday, job report is okay, beat expectation at 117000 level, drop to 9.1%...
Before 9:45, GOOG back to 589, and ARMH bought at 25.67, up to 26.25, but too greedy...stop loss ARMH at 25.8 to cover transaction.

Sold GOOG at low today at 565...bounce after i sold...LESSON LEARN!! Sell when small gain during turbulent market!!!

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