GOOG shatters 513...

[stock_trad3r]

Move into margin. Can't pass this up.

Now goog only has to go to 530 for me to break even I'm serial.

 

[SiSePuede!]

Quote from stock_trad3r:

Move into margin. Can't pass this up.

Now goog only has to go to 530 for me to break even I'm serial.

Please, exact figures.

 

[stock_trad3r]

20 shares, 10K of margin

Will we close at 520+? Probably

I bought some at 550 yesterday and some at 511. So If it goes to 530 I'm break even .

 

[krazykarl]

Quote from stock_trad3r:

Move into margin. Can't pass this up.

Now goog only has to go to 530 for me to break even I'm serial.

It crashed early on heavy volume, now is floating up on light volume. Get out now. It will be punished this afternoon.

 

[scriabinop23]

Quote from krazykarl:

It crashed early on heavy volume, now is floating up on light volume. Get out now. It will be punished this afternoon. [/QUOTE

umm... volume is not light today.
not by any means.. at this rate we'll be at 25m shares.

 

[krazykarl]

Quote from scriabinop23:

Quote from krazykarl:

It crashed early on heavy volume, now is floating up on light volume. Get out now. It will be punished this afternoon. [/QUOTE

umm... volume is not light today.
not by any means.. at this rate we'll be at 25m shares.

I meant relative to intra-day: I was explaining the moves today so far. (e.g. there was more volume proportionally on the down move then on the up-trend.)

edit: i looked at some t&s data. look for it to tank after 1:30 EST.

 

[ljyoung]

If GOOG breaks 518.32 the odds are 62/20 it will be a low first day and given the relatively heavy put OI at 520 it should close above 520 (but who the fack knows - not me). Quite frankly as someone who trades GOOG intraday I really don't care what it does in the sense of which way it goes just as long as I'm on the correct side of any move, e.g., Phantom of the Pits rule #1; Let your winners run and keep your losses small and (ever so) quick.

lj