Sorry, since stocks react to both 200d sma & to 200d ema, I keep both on my daily chart. In this case the bounces were off the ema. Actually a pretty good case for keeping both. If I just had the sma on the chart, I'd be wondering what kind of support GOOG was bouncing on.... (altho the 50% retrace from Aug low was also in the vicinity for 1st bounce).
Yea the markets green goog down .3% while nasdaq up .3%. it has been this way since last week. I am losing patience with google here. Since Nov 2005 google has been stagnant while generating heaps of cash. I am working on a website that will seek reform regarding google's investor relations. It will consist of a summary of how google investors have been stiffed for the past 2 years and what can be done about it. There will also be a petition for google to modify its investor relations in a way that is more condusive for investors. For example: indtroducing splitts, buybacks, and dividends. It is the job of investors to demand more from thier company when it fails to deliver. Expect this website to be launched in a day or two
sorry stock_turder, but you're such a turd pumping google still that I had to rescue this manic post from you and bring it back to the top of the pile!