27 replies to this topic

[ogm]

NAV, if I were you, I would buy GOOG. Your wave may or may not come, but GOOG has only one wave. It has no risk. While the rest of the market is down, GOOG will never go down.

Denleo

GOOG will get hit too. Probably it will get hit the hardest by the end of the decline. When you see GOOG in Freefall, bottom will be close.

btw, it just went red finaly.

That BIDU turd is still flying with its 3 PEG valuation.

Anyone know when do they report earnings, so they could finaly get hit for 100 points ?

[Mtrader]

Whenever GOOG dose go down, that is the sign that the market catipulates.

[ogm]

NAV, Last Friday changed things. That 9 to 1 down day on CAT news was a huge technical break. Changed a lot of things for me.

[NAV]

NAV, if I were you, I would buy GOOG. Your wave may or may not come, but GOOG has only one wave. It has no risk. While the rest of the market is down, GOOG will never go down.

Denleo

[saltlake]

ogm, Bidu earnings were last week

[eminimee]

If there is a "C" wave down on the way, I doubt we get it tomorrow (Friday).

More likely next week. Final target could be SPX 1500, following "B" = 1535.

my count the b of C was done at yesterday top....this is a scarey C wave down ...where C=A at 1466

http://stockcharts.com/c-sc/sc?s=$NYAD&p=D&yr=0&mn=9&dy=3&i=p88250582328&a=113409410&r=6642.png

[denleo]

For example, I am using GOOG right now to search for answers to a question like: what the f... just happened to the market? or even more importantly: what is about to happen to the market. It is a useful stock. Denleo

[Mr Dev]

100% long with ETFs near SPX 1520 area. Taking a risk of about 1.5%. Stop - daily close below SPX 1505. This is a swing position, not a VST trading position.

Will buy leveraged longs once the 30-min turns up. We are not there yet.

If you use a tight stop and get stopped out...take it as a gift ,..and wait till next week to try !

[tr8r]

URL=http://www.tinypic.ca/][/URL]

[MacRo]

Remember last summer when the SEC was trying to treat GOOG like a mutual fund because it had such an exorbant amount of cash..? I have this conception of Larry Page & Sergey B somewhere in some sort of monolithic vault just doing Scrooge McDuck swan-dives in and out of piles of gold bullion...