GOOG today

I need to do more research on this, but Yahoo is adding a new service to their website...something about on-line movies... Maybe that will help even if earnings are weak?

- Nathan

 

stay well away from goog people. Lots of insider selling last few weeks

 

short goog is my favorite position right now. i caught this reversal by the gills.

 

Me too. Some day this stock will go down to the 100 - 200 range (to a market cap like YHOO).

To be very honest with you, I don't know when it does. It can be that GOOG goes up to 500 first. I just shorted the stock @ 400 and wait.

I know this is not really the professional way of trading. However, I'm also happy with unprofessionally earned money.

 

Goog has been a good credit spread play for the past couple months.
In June I did 360 / 350 put spread...cashed in on expiration.
For July I am sitting on a 460/470 call spread...waiting to cash in on this too...

After exp. if goog drops around 370, like it did last month, I will set up with the put spread again..around 430, a call spread.

Just have to watch for the rolling pattern to determine the direction.

 

Lots of sellers today ahead of YHOO #s.

Given the market conditions, Middle East, I think it's SELL first, then buy later if earnings are good....

 

Is your two month record luck or skill?

 

my MACDs chart is SELL 2 days ago

 

Does the Street have high or low expectation of GOOG earnings this time around?

 

who knows, I am long at 381 and I don't know what to do...