Im shorting Goog on Monday

Quote from S2007S:

goog now at 637, price target 500.


GOOG trading at $564, they miss earnings and back to $450 it goes. $500 target is ever so close.
 
Quote from l337_7r4d3r:

Eventually, but eps estimates will have to catch up to eps actual before GOOG will really lose upward momentum. I see far too many positives for GOOG to think about shorting it right now.

edit: spelings

should have shorted.
 
Quote from S2007S:

goog now at 637, price target 500.


touched 519.


now trading at 529,

ever so close to $500


they miss earnings and say hello to $450.
 
This is going to be interesting. The RSI on the chart indicates that Goog is in the most oversold condition it has ever been in the last 3 years. Price is also way below the lower Bollinger.

Want me to guess? I believe if this was a bull market then I think it might be a good long right about now. However, the market is in bear mode and oversold tends to get even more oversold.
 

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Quote from jreynolds212:

This is going to be interesting. The RSI on the chart indicates that Goog is in the most oversold condition it has ever been in the last 3 years. Price is also way below the lower Bollinger.

Want me to guess? I believe if this was a bull market then I think it might be a good long right about now. However, the market is in bear mode and oversold tends to get even more oversold.

so did you actually short it or just paper trade it like your "all in" csun call?
 
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