Going to sit back and watch it for a while. GOOG has been in a good rolling pattern for the past few months. I am looking for a bounce somewhere down around 350-360s before I get into it again. (my target area to get into a couple LEAPS) CCI (14) going into the Oversold range (below -100) on the daily charts.
Disagree. They'll prob trade in a range. But they won't be fried. Want to fry a stock? Why not try AMD?
goog forming a pennant .. if it breaks above 400 in an uptrend.. i'll go back in.. otherwise u can short it at below 380..
Goog does its own thing intraday, but dangling below the 200 here is like waiting for the floor to give way on the slightest news. Unless msft's hq blows up it's hard to factor in any more good news at this point just after earnings. GL
is your chart upside down? i am going to short goog once i have money. every dollar is used for intra day trading now.
GOOG court ruling due out tomorrow on click fraud: http://biz.yahoo.com/ap/060724/google_click_fraud.html?.v=7