Buying Back Some GOOG Shorts...

I know I said my bid was down in the $340s, but a technical jock called in and pointed out to me that the last major breakout happened from the $350 level. So I am going to follow that advice, after today's stream of juicy downgrades, not be greedy, and buy back some of the GOOG short @ $356 -- a nice round number just above that area of congestion. What's a few % between friends when scores are at stake...

Speaking of shorts, another one of my perennial favorites -- AAPL -- seems to have broken some decent support levels under $70 here. The stock, while not in the stratosphere anymore, still doesn't look too cheap yet. So I would stay away from it for a while, and if you simply have to buy a tech darling -- you might just want to try your hands on GOOG for a $40-$50 bounce off these lows around $350.