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September 15, 2007


Stock Du Jour (CHL) & Random Observations

Chop with a negative bias — great day to lose money. All the good traders I know lose money more than half the time; they just lose very little. ;-)

Notable New Highs: Fairfax Financial (FFH), FTSE/Xinhua China 25 (FXI), China Medical Tech (CMED), China Mobile (CHL), Monsanto (MON), Procter & Gamble (PG), and McDonald’s (MCD).

Notable New Lows: Imation (IMN), New York Times (NYT), Bowater (BOW), Omnicare (OCR), and Harley Davidson (HOG).

I don’t own China Mobile because… I’m an IDIOT. (People forget that CHL went public in New York back in 1997.)

CHL

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