Any Bounce in GOOG should be shorted from here on out. Same with AAPL. Gonna clear half my GLD Short in after hours. Clearing at $107.32. entry $111.50 nice gain. Markets are getting a little over sold on the hourly charts ,but we have been so over bought. What i mean is that it is going to take a while on the daily and weekly charts to have a decent buying opportunity.
Went long some MPEL today. Using $0 as my stop. This is a small cap casino that i feel will fair well in the coming recession.
My purchase was $3.70, it can be bought cheaper now.
Do you think Facebook is taking any of googles market share?
Thursday, January 21, 2010
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