Steve Jobs
Monday, January 24, 2011
Google is a Short
We swapped our position in GOOG this morning from 100% long to 100% short. Stock has broken decisively below trend on the daily chart and is looking weak on a number of indicators. We would likely be buyers of GOOG on a weekly close above $625.
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We swapped our position in GOOG this morning from 100% long to 100% short. Stock has broken decisively below trend on the daily chart and is looking weak on a number of indicators. We would likely be buyers of GOOG on a weekly close above $625.
No comments:
Post a Comment