GOOD MORNING, GOOGILLIONAIRES!:::::::::::::::
Again, as I always say but have re-emphasized STRONGLY of late, you ALWAYS HAVE TO HEDGE YOUR LONG SHARES AND LONG CALLS POSITIONS ON GOOG. ALWAYS. It is simply just too damn unstable and unpredictable.
This time, it is not rumors or news about GOOG...it is the market itself. Interest rates are killing upward traction. The DOW and all of its commodities, etc, is taking the lead with the NAZ and the S&P following in lock step. GOOG is tracking these indeces in lock step as well. Charts are nearly identical. Watch the DOW because its movements take the lead this time.
Hopefully, as I have mentioned before today, you are out of any March calls. That is the only peril here. Shares will be OK. Too dicey to enter new shorts. Too late to buy puts, probably.
Watch the simple DMAs:
200 = about 344. 50 DMA about 40. MACD looks like
Don't sell the puts that I have been telling you to accumulate...because it is not bad enough, yet. It may get so. More than likely, we'll drop some but stage a turnaround later today. Be sure you dump out of any March puts in the trough today....hang on to some or all of later month puts for later, larger declines that could occur.
I still believe we can reach highs this week of 395+.
Hang in there. GOOG is a shining star amidst a sea of uncertainty.
The interest dilemma is NOT that bad, btw.
You are so in love with yourself....to the point of calling yourself "a special someone". LMAO!! You must be quite a lonely thing. You think this universe and everyone in it pivots and takes their queues around your sorry, egotistical, ass!!
The difference between you and what you do here and me and what I do here is this:
I am an honest trader with real money at stake and an intention to be helpful and share data with open and candid posts for the pure and mere sake of doing so. I am up several $mil on JUST my GOOG transactions ALONE (both long and short) since my first entry into GOOG back in Sept 2004 at the $130 area...as I've CLEARLY documented ALL along.
You are nothing more than a dishonest crook and a con artist who is actually victimizing people here by perpetrating your illegal scams of charging people $800 a month for your "advice"! And, it is plainly clear to all but a fool, you are, at best, a paper trading wannabe who has never seen much money ever.
I'm VERY well aware of the BOJ debacle. The markets are holding themselves back on, mainly, this alone, in fact.
But....I have a feeling that the BOJ will decide to NOT change anything yet. If so, that will be an unexpected surprise that WILL lift markets.
This, plus getting past Monday's DOJ vs GOOG BS successfully (which WILL occur...it will be a benighn non-event) will also give lift to GOOG. Along with a couple other upside surprises.
It will retest $338 support in the next few days, but this time $338 may not hold the slide.
This stock will go down really deep if $338 does not halt the slide this time.
Because if $338 breaks, it would break 200 day EMA too, and the stop loss selling will pile on to cause a crash in this stock.