GOOG Ready to Retrace ?

I agree with the original poster, I think that GOOG is due for a retracement.

The other important thing to consider is that it's likely to drop steeply at some point - with such a high P/E justified by high growth, at some point GOOG is going to seriously disappoint the street.
 
Glad to hear your well educated on options zxculfu

It just after 1:30pm & GOOG down but in a pretty tight range on low volume --> I'm still looking for the break below 288.50 today to get it really rolling down hill
 
Do not know if GOOG will break below low of month 286.99 today. BIDU 's profit taking may help the GOOG sliding.

GOOG just spiked down!
 
We're looking good Mr Z -> with GOOG breaking 288.50 I'm staying on the train south ---. hope your options are moving too GOOD LUCK & GOOD TRADING !!

PS I'll re-calculate tonight but my previous key numbers (previously posted) are in effect NOTE - LOW VOLUME DECLINES ARE USUALLY GOOD FOR THE BEAR
 
YO zxcv1fu ----> A ?

Where did you come up with your # for month's low?

For August I have 288.10 as low (before today) which happened on 8/1.

If 288.10 is correct then we just made a new low for the month !!
 
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