12/02/2009

LIWA: Lihua Intl

LIWA: Lihua Intl Inc

One sector theme that is working currently is China. So this stock was on my watchlist today. I entered it at a price of 8.50 at 9.33. Within minutes it exploded. I closed part of the position in 10 minutes for 9.50 giving 11.76% profit in 10 minutes. If you know what is working in the market currently you can anticipate breakouts. CMFO was another Chinese stock I entered today and is up nicely as of now. China is currently momentum favorite and that is where the opportunities are.

1 comment:

Unknown said...

wow. i bought it at 9.38