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techcharter

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techcharter

Re: None

Monday, 05/15/2006 8:10:13 PM

Monday, May 15, 2006 8:10:13 PM

Post# of 51804
GOOG: Small wave 2

GOOG slowed its latest selloff today. There should be a couple days of consolidation as the orice tries to tag the 50 day moving average. This is also the area of the last gap. Since GOOG will be starting Wave 3 of 3 of 3 in a couple of days. establishing a short position will be more important than timing the entry. This is going to be a shock drop to the market.

http://stockcharts.com/h-sc/ui?s=GOOG&p=D&yr=0&mn=5&dy=0&id=p78142403690
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