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02/28/10 10:21 PM

#53923 RE: langlui #53918

Very green in Asia this morning

http://finance.yahoo.com/intlindices?e=asia

Hang Seng +1.6%
Taiwan +2%

Even the Nikkei (similar price to Dow Jones at about 10,200) is up 48 points or 0.5%....



Taiwan Manufacturing PMI Surges In February
(RTTNews) - Markit Economics reported on Monday that the Taiwan HSBC Manufacturing Purchasing Managers' Index (PMI) stood at a seasonally adjusted 62.5 in February, up from 61.7 in the previous month. A reading above 50 indicates expansion, while one below suggests contraction.

The rise in the headline PMI was supported by a further substantial increase in output. However, the rate at which production expanded, which was the fastest since October 2007, was insufficient to keep pace with new order growth......
LINK



But....

China HSBC Manufacturing PMI Slips To 3-Month Low
http://news.ino.com/headlines/?newsid=22820100122

EDIT: Cool thing about Google is it can go up $10 on a good day cause of the high price. But....not skyrocketing up like Bidu....GOOG, since I've been watching it, has an extremely tough time going up 1% or more ($5 gain is 1% on current $526 price)....Also, I've seen some weak closes...And sudden $1-$3 drops out of nowhere....But I hope it goes up at least 3% this week (to $540ish) so you can sell your calls for profits....

BIDU = $518.68
GOOG = $526.80

Should be interesting...