GOOG today

well thats interesting coz in my long term indicator, its been DOWN since Nov. 24 its was UP since Sept 11 up to Nov 24

UP Sept 11. - Nov 24 - 3 mths

DOWN Nov.24 - Dec - 29 - 2 mths
and still continues downward although my SHORT term is 50% UP.

so in my 4 arrows indicator .. only 1 is up..
I have 4 arrows (fastest, fast, slow, slowest)

I got 4 stocks on FULL arrows right now...
CHINA AV TALX



Quote from ginux:

True. But I usually take a longer point of view, around 3 months. Any shorter than that i usually treat it as noises. But of course i have a cut loss level to minimize my damage should my point of view is wrong.

I didn't really buy that many stocks this year though. So i didn't really make much. My best so far was MNCS. Hopefully, Yahoo will make a reversal soon. It's killing me and will hit my cut loss level soon.

Here's my progress this year
http://www.stockalicious.com/stock_journal/82/top_10

Happy trading.
 
i got the 2 short term arrows on UP while 2 long term still DN
but all averages pointing UP

this might be the trend reversal... im keeping watch on this
 
GOOG 3 arrows UP .. short term reversal
confirmed by long term reversal

good for LONG...all averages are still pointing UP
 
im sure they will rally GOOG to 500+ right before earnings. GOOG did the SAME exact thing last year, rallied the first few days going into 2006 as it is in 2007. If earnings arent there expect 425-450 range. Im a bear on GOOG, I think its back down to 350-400 area.
 
Quote from Walther:

Eventhough there is not much of reversal patterns to compare with recent price action, GOOG has formed important reversal level at 473 which become a mean for this week.

Then maybe it will come down to 85 again where it started.
 
GOOG is on course from the 460 reversal.. thats 8% gain
with about less 1% gain/day

for how long.. dont know... all 4 pts arrow still UP...
 
GOOG is making early moves similar to the early moves in
Sept 06 that run till Nov.

hopefully it shld make the same run as well..
that shld be within 550-600 range
 
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