Tuesday, February 07, 2006

Four Words: Bearish GOOG Technical Breakdown!

Finally, some of these longer-term GOOG longs are getting really stuffed. With the stock trading @ $365, I am going to tentatively put in a cheeky $340 bid to buy back 1/2 my short from $463. Probably not going to get there today, but there is a clear bearish pattern which is trying to establish itself, so let's give it some room to breathe!

0 Comments:

Post a Comment

<< Home