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
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