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  • itm2000 itm2000 Apr 25, 2006 8:59 AM Flag


    Bears are trying hard to take GOOG and general markets down but, of late, are having a miserable go of it.

    Those margin calls are delivering a crushing blow to them.

    There could be less volatility today and tomorrow as these margin call settlements and also option settlements all work their way into the system. Allowing GOOG to move higher.


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    • I don't know what you saw yesterday, but there was very little volatility in this stock. It stayed in a price range of about 1% all day. That's pretty stable in my estimation.

      • 1 Reply to bryan_cass
      • You're right. But there was SOME volatility on Friday and some yesterday, if less. The low was 436.52 while the high was 444.70. Almost a 10 point swing with a close in the middle, but green = SOME volatility with an upward bias (as I've been posting it would be).

        No big deal. We are looking very good. My only point is that we were not going to just rally straight on up yesterday to well beyond last Friday's highs of around 450. Not yet. But soon. Like after today or tomorrow, or sooner.

        That's it.


    • The market can handle, and, indeed, NEEDS more GOOG shares.

      Let them sell all they far the inside sellers have been the ONLY LOSERS from their inside sales, as almost all inside sales since the IPO have been well below market.

      Some of these insiders have worked VERY long times with little or no income/rewards for the many years that Google existed prior to the IPO.

      Let them have their damn money! Better than splitting the stock.

      This is SO not a problem!

      Bears groping for hope. Hope that has nearly always eluded them since the IPO. They wewre saying the same things when GOOG was at $130 (my entry level on GOOG shares and call options) that they say daily now.

      Ignore them.

      But hedge your long shares and long calls to a small degree, as I've always preached since Sept 2004.




      ps Very busy today!

772.15+2.61(+0.34%)Aug 29 4:00 PMEDT