Im shorting Goog on Monday

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

  1. so why don't you wait until it breaks support to short it?
     
    #31     Jan 7, 2008
  2. Eventually, but eps estimates will have to catch up to eps actual before GOOG will really lose upward momentum. I see far too many positives for GOOG to think about shorting it right now.
    edit: spelings
     
    #32     Jan 7, 2008
  3. gobar

    gobar

    :D :D :D
     
    #33     Jan 7, 2008
  4. Haha. Thats because Im one of those dumb people that are everywhere. Im trading this through the triangle.

    If you look at it plain, then you can see that there is a pullback going on in the overall market and there was a big runup in Goog. Just my opinion, but I dont see it breaking north. If it does then it will blow my buy stop.

    Come to your own conclusions...

     
    #34     Jan 7, 2008
  5. bgp

    bgp

    good trade jrey .

    bgp
     
    #35     Jan 7, 2008
  6. #36     Jan 7, 2008
  7. S2007S

    S2007S

    goog now at 637, price target 500.
     
    #37     Jan 8, 2008
  8. axehawk

    axehawk

    GOOG looks like its about to fall off the cliff. If it can get through $600, it'll be "look out below!".
     
    #38     Jan 17, 2008
  9. Nice trading JR.

    "Even broken clocks are right TWICE a day."

    lol, j/p man
     
    #39     Jan 17, 2008
  10. S2007S

    S2007S

    Like I said, $500.
     
    #40     Jan 17, 2008