News Focus
News Focus
Followers 282
Posts 47139
Boards Moderated 10
Alias Born 04/07/2001

Re: butterfly111 post# 455009

Friday, 02/03/2006 4:04:13 PM

Friday, February 03, 2006 4:04:13 PM

Post# of 704047
today GOOG was pretty true to form , established the low first which was an extreme low at 373 due to the morning dump the whole market took ,

then it ran up and tagged the top
by triple touches to 385

once things stabilized in the market a bit a TA pivot of $377 which was a former nov low became the supprt ,
which it tagged also 3 times and bounced ...

once the $387 multimonth low was breached after that Bear Sterns note came out in the am , then that $377 low came into play , and they played right off of it ....but that is where you wanted to buy for the long bounces @ $377/78 area ...

today they were letting things fall everywhere , so that 377 low was going to be touched ...in fact 3 times





Know how to make God laugh?
Tell Her your plans ....

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today