Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Short Selling, Dark Side, Bubble Busting Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Silver Super Bull who wrote (224)	12/22/2005 12:31:57 AM
From: RockyBalboa	Respond to of 361

Good idea. I could swear there is something up with the markets in general. I just pay another hard look at Korea which has been on a tear and well - i was buying puts again which promptly dropped, but today... something weird happened. After the usual propping at the beginning of session, many pressed the sell button. As a result the index is off, tho not much but it moved down a lot from the opening level and into the red. The chart is nearly an exact copy of the google action on monday when it ran to 440s but reversed course. Google is a muster case of the train joke. While OPM funds bought millions of google - see impressive major holders list VCs with some 4 digit gain are happily passing stock to them. Goog gave a trading sell signal at 442, which has been invalidated in the gap the other day when holding and crossing 430, but that is to be renewed at prices lower than 423. Hint: there's a slowly upward moving SAR curve so I'm a bit sceptic. Mo stock has a tendency to float upwards along such curves and later run hard. Longer term I'm as sceptic as you; we didn't see 500 in due course; tho it is still not out of the cards, people mostly bought up out of the money calls, a sure sign of a top, and - ad dollar monopoly - there is no such thing, though the company has indeed achieved a lot. The google stock needs constant investment, to offset insider sales and folks who possibly take some profits. It is hard to pony up $400-something for a piece of musical chairs day in, and day out. Do you think, they split the GOOG in 5-1 or something one day? Or as they do everything different compared to other companies they also forget about a stock split (like AKAM did).