Here is a daily chart of Baidu.com. I last commented on this chart here.
BIDU is performing even better than GOOG is relative to the market averages. Today it made a new high for the move up from its post IPO low at 44.44. I now think it will continue upward at least to the 2 and 5/8 mutliple of this low at the 116 level. If this relative permormance continues and if the averages make new bull market highs this summer as I expect we may well see BIDU trading at 160.
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