GOOG suckers

Quote from krazykarl:

selling calls here and buying puts. Today's tape was my confirmation of the new google trend: web -2.0

down we go.....





Regards,

great combination to blow out an account, maybe also short the stock then its perfect.
 
Quote from Pita:

great combination to blow out an account, maybe also short the stock then its perfect.

Don't try this at home...

;)

I actually let one of my systems go on it nicknamed "Smokey". (superbear single equity v1.2)
 
I feel like buying some shares ahead of the earnings just to hedge against my QID, figure by some shares, if they miss and it drops QID jumps about 2-3%...hmmm

Im tempted but maybe not, last time they reported I think I remember the stock dropping and then rallying over 25 bucks to 670+ after the next couple of days, then it ran to 725 and eventually topped out above 740.


If they miss or guide lower you will be able to pick up shares around 475, I dont see it being a 1000 stock anytime soon like many of those foolish analysts have been saying.
 
I still have my Smokey program running on the issue - it's been very active the past few days building it's position. Go big or go home, eh?
 
Besides trust in my program - this is a trade of conviction. I happen to have a Math/CS degree and from a knowledge standpoint, google has shown me nothing special. I guess it took the talking heads a few years to catch on to what people that write algorithms and software already knew.




Regards,
 
Quote from krazykarl:

Besides trust in my program - this is a trade of conviction. I happen to have a Math/CS degree and from a knowledge standpoint, google has shown me nothing special. I guess it took the talking heads a few years to catch on to what people that write algorithms and software already knew.




Regards,

good call
 
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