GOOG suckers

krazykarl · Feb 1, 2008

Quote from frank grimes:

well done krazy(eyeskilla)karl. I like your conviction. Something alot of folks here do not have.

Thanks grimey. Hope things have been well with you.

Kind Regards,

mbesto · Feb 1, 2008

Quote from blackjack007:

goog went down not because they were overvalued but because they missed earnings. there's no way your trading program could have predicted earnings.

Correction. goog is going down because of its value. A quick turn on earnings, yes. Trend falling on vaule.

krazykarl · Feb 4, 2008

update:

All my short positions are still open. The system seems busy this morning.

Regards,

krazykarl · Feb 5, 2008

Even with the small action on the chains the software is looking for more capitulation today.

Regards,

S2007S · Feb 5, 2008

$490....

krazykarl · Feb 5, 2008

brief update: the software is writing several 10-lots of calls today and taking the premiums and buying back-month puts.

Regards,

Anunakki · Feb 6, 2008

Short term GOOG is waaay below is MAs and I would expect a little bounce after this consolidation considering theres tons of support at this level...

krazykarl · Feb 6, 2008

I'm not holding my breath, though the trades are longer-term.

I'm still looking for 370 by year-end.

scriabinop23 · Feb 6, 2008

Quote from krazykarl:

brief update: the software is writing several 10-lots of calls today and taking the premiums and buying back-month puts.

Regards,

Why not just get short and be done with the options if you are already synthetic?

krazykarl · Feb 6, 2008

Quote from scriabinop23:

Why not just get short and be done with the options if you are already synthetic?

leverage.