discussions
The group you are posting to is a Usenet group. Messages posted to this group will make your email address visible to anyone on the Internet.
Your reply message has not been sent.
Your post was successful
 |
From: thiened...@gmail.com
Date: Tue, 27 Nov 2007 10:18:31 -0800 (PST)
Local: Tues, Nov 27 2007 1:18 pm
Subject: Re: So, What's going on with the GOOG
I think we already had the correction from 747 to 616. Based on the
second leg from 331.55 to 747.24 and fib ratio a %38.25 correction would put google at 588. Although the fib ratio is pretty accurate there are exceptions. Also based on the bullishness of Google and the volume support at 616 I dont see it testing these levels unless something out of ordinary were to happen to the market(ie. 9/11, or some psycho decides to blow up google headquarters...knock on wood). This second drop to 650 from 693 might be last chance to get in before it tests 747 again, especially if Fed's cut rate and good online shopping numbers. Plus isn't the 4th and 1st quarter usually good for Internet Stocks? Colder weather means more people will be browsing online? What the hell is going on? Just my 2 cents. You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
| |||||||||||||