So what's up with GOOG?

O

Options_Noob

Pretty good drop the last few days.

My system told me to sell and I faded that rally for some nice gains :D

How would you guys interpret this price action?
 
It's funny how little you "system" people pay attention to what the hell is actually going on. The fact you are asking this is a little concerning that you pay absolutely no attention to what is going on with your underlyings.

Answer: Motorola negatively revised earnings.
 
Quote from Options_Noob:

How would you guys interpret this price action?
More...

I don't even know what this means - I "interpret" it as the price going down, a bunch.

What else exactly are you looking for, given that the price-action approach is supposed to be "all in the charts"?
 
Quote from Took2Summit:

It's funny how little you "system" people pay attention to what the hell is actually going on. The fact you are asking this is a little concerning that you pay absolutely no attention to what is going on with your underlyings.

Answer: Motorola negatively revised earnings.
More...

WOW. I didn't see that. I'm not a full time trader as you can see. This is more of a part time thing for me.

I guess a little luck never hurts :D
 
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