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Yes, goog does seem stubborn Kim, what do you see causing the drop? Are you expecting a drop on earnings?
i am long GOOG but earnings this quarter arent really going to matter...if good, price decline will be less rapid as most people are expecting this recession to hit companies if not 3rd quarter...4th quarter and into 2009...if bad, then we see mid 200s immediately...currently, GOOG is a long term play...i see this declining into the low 200s and i am going to accumulate all the way...when...not if... but when this economy turns around...you'll see these tech giants snap back rapidly...dat
Thanks man, i wish you luck long, but I gotta say mid 200's would make me a killing on the short side. Anyways, if you're looking at long term plays, aapl is my personal favorite for a run to the green side.