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  #21  
Old 29.07.2011, 22:52
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Re: Smi?

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When Netflix Breaks that channel you should just get out for 6 months. It will either go nowhere or it will drop 60%.... Baidu is crap in my opinion. I think it will get creamed by the Chinese government.

But I understand Netflix.

My split adjusted price for Baidu is $7.3 it went up to 40 then down to 11 (split adjusted) up to to 157 as we speak, I might be wrong but I am going to let this one run.
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Old 29.07.2011, 23:02
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Re: Smi?

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My split adjusted price for Baidu is $7.3 it went up to 40 then down to 11 (split adjusted) up to to 157 as we speak, I might be wrong but I am going to let this one run.
Hey, its your money. Just be ready to cry uncle before it loses too much.
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  #23  
Old 29.07.2011, 23:17
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Re: Smi?

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Hey, its your money. Just be ready to cry uncle before it loses too much.
I am crying about my $65 split adjusted sale about a year ago!

Out of interest how long have you concidered Baidu crap? Always I assume, I did on floatation then it tanked & I picked some up.
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Old 30.07.2011, 00:20
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I am crying about my $65 split adjusted sale about a year ago!

Out of interest how long have you concidered Baidu crap? Always I assume, I did on floatation then it tanked & I picked some up.
Thats a great point my friend. I like things that I can quantify. Baidu is more of a speculation when it comes to quantifying discounted cash flows.

At a lower price, from the top down, Im sure its a good buy. But to be honest I dont do much with tech. Too many other things out there that are more predictable for me and, IMHO, cheaper.

Just dont forget that the economic cycle determines the price of all stocks. And at this point in the cycle Baidu seems more like 1999 than 2009. Its just top heavy I believe.

With that said you seem to have the right attitude about it. Im just worried your going to be delaying your retirement for a few years!
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Old 31.07.2011, 02:33
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Re: Smi?

How about Banking/Insurance (Zurich, Swiss Re etc that yield high dividends - Zurich is close to 9% dividend, I think).

Any thoughts about IT sector (Logitech, Meyer Burger, UBlox) in the present scenario.

It is impossible to pick the bottom but its easy to lose the opportunity as well.

Confusing..
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Old 31.07.2011, 10:25
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Re: Smi?

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How about Banking/Insurance (Zurich, Swiss Re etc that yield high dividends - Zurich is close to 9% dividend, I think).

Any thoughts about IT sector (Logitech, Meyer Burger, UBlox) in the present scenario.

It is impossible to pick the bottom but its easy to lose the opportunity as well.

Confusing..
Bottoms are never perfect, but you can get in within a month. Demarks signals (Tom Demark will be speaking in Zurich on the 17th I think), ISM, WEIF Futures curves, etc etc etc will all tell you the timing.

Anything that buys or sells CDS's (we do lots of CDS spread trades) will die a sudden death, with no warning. Thats why they look "cheap".... Unless you know who has been increasing their carry with CDS's its a gamble and not an investment. The Swiss arent as bad as the Italians but still dodgy enough to wait it out.

As stated earlier, I know nothing of tech. Sorry
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  #27  
Old 31.07.2011, 11:44
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Re: Smi?

The OP should be aware of is many CH companies are traded in the US as ADR's. It's way cheaper to buy using a US discount broker such as http://www.tdameritrade.com/welcome3.html
https://www.schwab.com/public/schwab/home/welcomep.html

Trades will cost under $10 with zero custody fees. Pretty sure that the ADR's will only have 15% deducted at source rather than the 35% in CH. I use them both & the Zurich tax office accepts their year end tax forms & refunds the tax in full by bank transfer.trading

I also use the Postfinance platform, however it's far more expensive, but pretty much as cheap as it gets in CH.
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  #28  
Old 01.08.2011, 19:28
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Re: Smi?

Time to sell? Time to buy or to wait and watch? Looks like close to zero percent interest on CHF is the safest for now. Or is it all panic selling...... DAX is down close to 2.9 percent!

CHF at record high. Eur at 1.11 and USD at .78 and GBP at 1.27 - Unbelievable! Will the CHF never stop rising?

Debt deal has not been helpful for Nasdaq and DAX. Any guesses on SMI tomorrow?
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Old 01.08.2011, 20:31
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Re: Smi?

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Time to sell? Time to buy or to wait and watch? Looks like close to zero percent interest on CHF is the safest for now. Or is it all panic selling...... DAX is down close to 2.9 percent!

CHF at record high. Eur at 1.11 and USD at .78 and GBP at 1.27 - Unbelievable! Will the CHF never stop rising?

Debt deal has not been helpful for Nasdaq and DAX. Any guesses on SMI tomorrow?
ISM controls everything..... ISM came in at 50.9.... Once it breaks 48 stocks will collapse.
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  #30  
Old 02.08.2011, 16:50
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Re: Smi?

around 5600, 3.6% down. what next??????
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  #31  
Old 10.08.2011, 17:32
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Re: Smi?

bump. getting worse .....
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