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Google Inc. Message Board

  • rosenmonkey rosenmonkey Feb 14, 2013 2:37 PM Flag

    Why WOULDN'T you buy GOOG at the top?

    It is a common theme - There is tons of money to be made buying stocks at new highs. This is a breakout coming since late *2007*. It is coming after a pullback and successful retest of that previous range in late 2012. If any sort of technical screen is flagging this as a good short you need to buy a new tool. I would be scared senseless to be significantly short this issue, at this price, at this time. You should be looking to short a blowoff top somewhere in the 900 range not at fresh highs.

    Sentiment: Strong Buy

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