I know this is going to sound crazy, but regardless of the markets here, I think a safe short is GOOG ....yes I said a safe short. I'm probably the biggest GOOG bull ever, but it just looks broken here.
My target is $520 over the next few weeks.
id agree but i cant bring myself to do it.. Goog has a mind of its own..
i can see 511 but the STO isnt agreeing with me.
Careful!! This is GOOG they dont play no games. If anything it looks like a good buying opp but yet again everyday looks like a good buying opp
lol well it almost has a perfect bearish setup here. i've been bearish since it broke that wedge on the weekly to the downside. i was thinking the $565 support would hold but it's starting to break down again.
i'll probably buy more puts tomorrow, but i'm waiting on next week's weekly's to come out.
LOL, i remember my first trade.. i was gonna buy 300 shares of BAC at low 6's for the Q4 2011 earnings play but i posted my play here and everyone thought i was cray so i only ended up buying 150 shares and BAC ended up beating and the stock rallied and i made like $100. after that I WAS HOOKED!!!!