well thats interesting coz in my long term indicator, its been DOWN since Nov. 24 its was UP since Sept 11 up to Nov 24 UP Sept 11. - Nov 24 - 3 mths DOWN Nov.24 - Dec - 29 - 2 mths and still continues downward although my SHORT term is 50% UP. so in my 4 arrows indicator .. only 1 is up.. I have 4 arrows (fastest, fast, slow, slowest) I got 4 stocks on FULL arrows right now... CHINA AV TALX
I have to admit, I was with the crowd saying it would drop some more but it seems to be rallying today quite nicely.
i got the 2 short term arrows on UP while 2 long term still DN but all averages pointing UP this might be the trend reversal... im keeping watch on this
GOOG 3 arrows UP .. short term reversal confirmed by long term reversal good for LONG...all averages are still pointing UP
im sure they will rally GOOG to 500+ right before earnings. GOOG did the SAME exact thing last year, rallied the first few days going into 2006 as it is in 2007. If earnings arent there expect 425-450 range. Im a bear on GOOG, I think its back down to 350-400 area.
Article: http://www.businessweek.com/investo...4_315427.htm?campaign_id=rss_topStories_msnbc GOOG HEADED TO 630!!! Im still predicting $350-$400.
GOOG is on course from the 460 reversal.. thats 8% gain with about less 1% gain/day for how long.. dont know... all 4 pts arrow still UP...
Well. As of now, those who were long Goog 19 days ago who have been up 7.44% while those who were shorting would be down 7.44%. Long Portfolio: http://www.stockalicious.com/stock_journal/217 Short Portfolio: http://www.stockalicious.com/stock_journal/216 go figures.
GOOG is making early moves similar to the early moves in Sept 06 that run till Nov. hopefully it shld make the same run as well.. that shld be within 550-600 range