GOOG today

long overdue breakout is now apparent... should break 420 anytime soon. and hopefully 440....



Quote from bttweb:

well looks like it wasnt a breakout after all.. and still part of the narrowing range .. 365-415..now downslope.
:D
 
as predicted... now waiting to break 440...

and about utube buyout.. i dont waste time commenting
on something im not in the position to know...

somehow those smart guys at google knows something
we dont.. so i will just keep my eyes on their earnings and stock
price...


Quote from bttweb:

long overdue breakout is now apparent... should break 420 anytime soon. and hopefully 440....



:D
 
I'm back in with a 460-470 Bear Call spread again.
Had an existing 470 call I bought a while back.
Bought back the 460 a couple weeks ago for a small profit.
Sold it to open again yesterday for 4.4 x5 ($2,185 credit after comm).
I have already pulled out $785 profit on this options cycle, lets see how much I can get again on the second ride.
 
top of the symmetrical triangle when the news of the merger broke. But no follow-through. Needs more volume to get this sucker past the resistance trendline. Odds are better that it stays in the triangle than break out above.

<a href="http://torero.vecino.com/modules/wordpress/index.php/archives/2006/10/06/short-goog-at-top-of-symmetrical-triangle/trackback/" border=0>
<img src="http://torero.vecino.com/trading-charts/symmetrical-triangle-short-GOOG-Weekly.jpg" alt="GOOG symmetrical triangle"></a>
 
Any predictions on earnings? Looks like it has problem breaking 430. I'd say 10 pts up on really blow out #s and down 20-30pts easy on not so hot #s.
 
Back
Top