GOOG - Google Inc - Page 106

as i said if ur holding puts sorry.. 500s are comin...
GL to all of course. IF the reports are shit next week for housing n stuff, then she will reverse.

Keeps hitting a brick wall at $490.

tru tru.. shorts are in force at that junction.. however there is a nice bullish weddgie..
kinda frustrating for the call holders..

Yeah I've got some leap calls so I need this to break 500.

it will..... u dont wanna know how many calls i have..

i hate shorters argh....

Looks like GOOG had a nice run up to this point...after todays big drop, I really don't think it's going back up from here.

Massive bearish engulfing candle on the daily as of right now...yesterday's inverted hammer was the first indication that today might not be good.

Picked up more Puts today.

I hope you are right because I want to buy back my call

well jmo it was being shorted hard, no way was that normal behavor.. let alone the 500 calls that came across 30 mins before close was an indication. also its bottomed on alot of indicators...
needs to go down to come back up..

I'm just speaking from experience when I say that you can't rely on a big purchase of a specific option as your guide to which way it's going to go...

Case in point:

I was trading AAPL a while back and someone bought 1200 contracts on the Bid worth over $200k and I said 'holy smokes, I'm in' but the value only bounced 5% and as I was watching, about 1500 contracts changed hands at that level and then the value came crashing down to nothing within a week.

So I figured the buyer was just manipulating and bought with an immediate sell point of that next level up in order to fake out those that were wanting in.

As for GOOG and the market, well the overall trend is still down and GOOG did bounce up...$37...and formed a double top, so the force is against the longs...imho.

Be careful.

I'll be watching closely today...May buy some puts to hedge against my leap calls.

I hope you got those puts

http://data.cnbc.com/quotes/goog

"05:44 PM Eastern Daylight Time, 07/29/2010 (MidnightTrader) -- Google (GOOG) shares are dropping from 485 to as low as 473.75 in after-hours trade following wire reports that the company said its web search service is fully blocked in China. The company's ads and mobile are blocked as well, and its news is partially blocked.
Shares of Chinese competitor Baidu (BIDU) are surging higher on the report, advancing from 80 to a high of 82.35."

I'll bet you did...you're always on the right side of the trade...

again with the china crapola?....they just hugged and made up....when will it end?

No reason on why its blocked though. Wish I didn't get stopped out of my BIDU calls, if he holds up, I would've banked tomorrow.

Not me I was stupid an sold my QID calls at mid day LOL

sometimes it happens....

I've been trying to look for high probablilty trades, but not having luck since this market has gone totaly nuts right now. Up is down / down is up.

this could just be a mistake... they are not fully blocked and they just renewed..

Really nice of them to relase this crap after the gawd dam market closes

http://www.google.com/prc/report.html


arghhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

yep, someone BIG playing games again.