GOOG suckers

Discussion in 'Stocks' started by krazykarl, Jan 28, 2008.

  1. jnaylor07

    jnaylor07

    and i reiterate my stance....what is the maching doing yo?
     
    #141     Mar 11, 2008
  2. Still short. Software is fading the rally.
     
    #142     Mar 11, 2008
  3. volcanik

    volcanik

    krazykarl, are you still short or did you cover? Im still holding on to my april puts. I am down 20% at the moment but holding on. Im not expecting this rally to last long.
     
    #143     Mar 12, 2008
  4. The system is still trading. The short position is not nearly as large as it was but there is a short position open. The system did some buying in the morning.



    Kind Regards,
     
    #144     Mar 12, 2008
  5. GOOG always goes up, especially when the technicals look bearish. Google is #1 stock of the 'new era'.
     
    #145     Mar 12, 2008
  6. S2007S

    S2007S



    hahaha. They said that about most of the internet stocks in 1999, look at how many are around today.


    Google is going to drop further, you said this was a buy over $225 ago, SELL IT.
     
    #146     Mar 12, 2008
  7. A bit... ;) I tend to walk the line between that and confidence, just don't mistake it for hubris.

    The account is up around 820% as of this morning.

    edit: I'd like to say volume here is piss-poor. The software has triggered on the price action and is now opening a larger position.



    Kind Regards,
     
    #147     Mar 12, 2008
  8. I've been shorting it for over $100 and doing quite well.

    If you haven't, read this thread from the beginning. Some people make great points as to why the stock behaves the way it does.



    Regards,
     
    #148     Mar 12, 2008
  9. GOOG is a terrible stock to short. Been that way since $100. If you want to short tech, short garbage stocks like CSCO, INTC, EBAY, AMD, ORCL, and other burned out tech stocks. Google has tons of Momo left and isn;t going much lower.
     
    #149     Mar 12, 2008
  10. My system and I respectfully disagree,. I've heard your logic from many people since I opened this thread, and most of the bulls have been wrong, though there were some winning up-moves.

    I won't pull the system until the winning percentage on the trades reaches my stop.



    Regards,

    edit: And I don't want to short tech - I want to short Google. My numbers show it[google] to be overvalued, so much so that I, KrazyKarl, a perma-bull, decided to short it.
     
    #150     Mar 12, 2008