Asian Stocks

[ljk]

These stocks tanked terribly in the last three trading days, but today they seem to be making up more than half their losses. At least most of them are.

At this time, SINA is up 3.60, a 14.69% gain, but still three points below its recent high. SOHU is up 3.17, a 8.54% gain, but still about three points below its recent high. NTES is up 2.72, a 7.80% gain, but four points below its recent high. So, these primaries have recovered about halfway.

CHINA is up 1.70, a 15% gain, but well, its recent high was 2 points higher. ASIA is up 1.04, a 11.62% gain, but it's recent high was three points higher. IIJI is up .80, a10.05% gain, but its recent high was about 3 points higher. And NWD is down a penny, down .8%, and its recent high was .43 higher.

So, the secondaries are not performing as well as the primaries, leading me to conclude the money is to be made in the primaries.

Linda