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Dec 6, 2013 12:22 AM

BIDU Long

Baidu, Inc.NASDAQ

Description

Today the price was quite close to the $170 level I mentioned yesterday (Yellow PivotBreak line). We can see thatthe buying energy is accumulating quite fast. I'm afraid from one thing though - that tomorrow the stock will already open on a gap up...That's why I considered loading up a little at the session end, bu being a day trader, I could not violate the number one rule - Never hold overnight!
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