GOOG ready to ROCKET?

Discussion in 'Stocks' started by gharghur2, Sep 27, 2005.

  1. empee

    empee

    well, i covered my shorts on goog today it didn't breakdown yet its either a laggard or its reversing, I think its a laggard but whatever, gl GOOG longs!! I got out at 313, got out a little better than breakeven.

    However, the ES shorts are working good, also went short unleaded gas yesterday :)

    I covered my ES shorts today and reversed long around 1202 on the esz5, looking for a bounce to get short.

    Good luck GOOG Longs hope u make it to 350!!
     
    #71     Oct 6, 2005
  2. nice trading :)
     
    #72     Oct 6, 2005
  3. empee

    empee

    hehe, well i took sold my es today, covered my unleaded gas this morning (killer trade +65% per contract), went long crude .. AND took a straddle on GOOG with oct calls + puts @ 310 strike. If it doesn't make a big move in 3 days or so I'll close out the position. I'm leaning towards it sinking but it could pop since it didn't selloff with the rest of the market.. so looking for a snap move in either direction

    still holding my nq's that I bought late yesterday I think those are slightly down right now.

    oh ya i bought xom calls yesterday too
     
    #73     Oct 7, 2005
  4. busy day ... but good trading :)
     
    #74     Oct 7, 2005
  5. empee

    empee

    yea.. i closed the goog straddle i'm just not happy with it, I'm going to wait and take a directional trade once we have a better idea of direction, I still think its lower but standing aside for now
     
    #75     Oct 7, 2005
  6. Hi !
    I'm using $308 'print' as a pivot point. If it does not hold it's probably heading lower. Sometimes, one just has to let the market decide.

    Good luck!
     
    #76     Oct 8, 2005
  7. empee

    empee

    ok i bought oct 310 puts today at 6.31, price of goog was around 314.25
     
    #77     Oct 10, 2005
  8. It's acting sluggish and following the market, which is a negative
     
    #78     Oct 10, 2005
  9. Not acting like I expected
    I bailed with a small loss
    good luck!
     
    #79     Oct 10, 2005
  10. Time for a few 310 oct puts at 7.00 .
     
    #80     Oct 10, 2005