GOOG ready to ROCKET?

G is deleted tonight, so we should get an addition announcement after the close. The S&P will only have 499 stocks on Monday.
 
Bloomberg story contends that Legg Mason, the largest company in the MidCap S&P 400 tops the list to replace Gillette because it would create less of a stir. In other words, by calling up a company from the S&P 400 into big leagues, the large cap buyers would be offset somewhat from the mid cap sellers (although much, much less money is indexed to the S&P 400.)
 
i coverd my goog short yesterday cause I wanted to buy the amd breakout instead at 308 (short for 315), I bought puts today with goog at 313, looking for some big downside action first 290 ideally 260
 
Quote from capmac:

Today could be a BIG up day for GOOG.

Very strong volume for far, and with end of qtr window dressing, fund managers will be buying this for their portfolios.

With Nasdaq strong going into October and GOOG reporting next month, this will be a good long play.
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Nice call capac!

T
 
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