Im shorting Goog on Monday

Discussion in 'Stocks' started by jreynolds212, Jan 5, 2008.

  1. I brought up the chart and it shows that Goog has broken quite a few trend lines. I dont see any support. The problem is that many other Nasdaq-100 stocks have also broken trend lines. Goog is a part of many etfs, many funds, etc.

    No matter what Goog has in the way of growth or good earnings, I think this is going to sell off for a while. I honestly cant say a price, but I believe it will at least go to the 52 week lows. Probably to the 300s. Cant say, just dont know how long this will last. I say keep shorting.
     
    #151     Feb 4, 2008
  2. avarus

    avarus

    250
     
    #152     Feb 5, 2008
  3. narballs

    narballs

    shorting small shares until it hits 400...
     
    #153     Feb 5, 2008
  4. saluki

    saluki

    I have to hand it to you, jreynolds, you made quite the play. Good job. :)
     
    #154     Feb 8, 2008