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  • jinqiu_lu jinqiu_lu Sep 19, 2006 7:36 PM Flag

    Why GOOG is in danger of fall?


    I said 418 is another peak on the chart, and TA never fails!!

    Remember, when GOOG was near 380s, I said I was looking for open my short position near 410 level, I didn�t go long there because the risk to BD is too high, although I did see a bounce might possible, then started adding 1-2 contracts Jan 400 put since 412 passed, and the Monday move was a pure set up: lift GOOG to held QQQQ and do the distribution on the rest, and I was keep adding puts in QQQQ, AMZN, CSCO, GOOG, BA & AIG.

    Woohoo! They all deep in green! I have 10 contracts in GOOG Jan 07 400 put and 10 contracts Jan 08 220 put.

    Yes, I think GOOG will in 200s next year!!

    Paint the house before sell it! The next time I say this, you go short!!

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