OK, I am officially shaking hands with the devil. I am shorting the scariest stock on the planet for bears – Baidu (BIDU). I didn't intend to do so – – I wasn't even considering it – – but after today's nearly 100 dollar pop, I took a fresh look at the chart, and I was knocked off my feet at the perfect touchpoint on the very long-term trendline. Amazing! I'm setting my stop just above today's high of 718.
