Bought GOOG today ......reason .....nobody talks about it.
GOOG RSI is in OVERSOLD area...........48.82 vs 60.......
GOOG is trading @ 31 PE 12/07
24.36 PE 12/08
CMF on GOOG is very bearish............
I love doing CONTRARY positions.............
Being EARLY in any stock does not bother me...........it has worked like a CHARM in most situation.
Markets are showing sign of life INSPITE of CSCO debacle & Fed in 90 minutes..........a pretty good sign.....to do QUICK trades.................
Strong stocks are GOOG,SNDK,GROW,RIMM,RVBD,WFR,SNE,TSL,NMR,BIDU,MA.
Weak stocks are CSCO, NMX,FSLR,ISE.
Keep TIGHT stops on all trade.
Do your own due diligence.
BLOG does not give buy or sell.
Saleem
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