karennma
8,057 posts
msg #85756
- Ignore karennma |
1/7/2010 3:37:05 PM
Just thought I'd bring it to your attention.
:>)
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gmg733
788 posts
msg #85788
- Ignore gmg733 |
1/7/2010 11:09:19 PM
I was watching that. A little bird told me it would be at $620 on expiration Friday. I'm doing a test and if indeed this is right, then there was a boat load of money that could be made with it setting at $595. We'll see if that little bird is right.
Evidentally, GOOG is one of the most manipulated stocks on the market.
We'll see I guess.
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karennma
8,057 posts
msg #85798
- Ignore karennma |
1/8/2010 9:09:23 AM
gmg733
- gmg733 1/7/2010 11:09:19 PM
I was watching that. A little bird told me it would be at $620 on expiration Friday.
===============================================================
Was that a typo?
Did you mean $520?
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gmg733
788 posts
msg #85804
- Ignore gmg733 |
1/8/2010 9:54:50 AM
Nope, $620. I'm doing some research/testing to see if market manipulation is happening in GOOG. Yesterday it was $620, but today it is $610. AMZN was $140 yesterday but today it says $135. So both of these stocks dropped a little from yesterdays readings.
Again, this is only a test. If I am correct, then great, if I am not, then back to the drawing board. :)
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gmg733
788 posts
msg #85805
- Ignore gmg733 |
1/8/2010 9:56:47 AM
BTW, this is the time a lot of money managers dump stock and reallocate positions. I would be surprised to see GOOG and AAPL take it on the chin. GOOG right now is hanging outside its regression channel, so it could be setting up for a nice move up after some confirmation.
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karennma
8,057 posts
msg #85813
- Ignore karennma |
1/8/2010 11:48:04 AM
gmg:
up $7 bucks ... good call.
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gmg733
788 posts
msg #85816
- Ignore gmg733 |
1/8/2010 12:14:45 PM
No good call yet. :) Yes it is up today, I want it to finish around the 610 area come JAN options expiration. This will help validate if there is some manipulation or not on GOOG. I am testing others as well.
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johnpaulca
12,036 posts
msg #85847
- Ignore johnpaulca |
1/8/2010 11:48:38 PM
GOOG is in an uptrend, the only play is to go long on this pullback.
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gmg733
788 posts
msg #85864
- Ignore gmg733 |
1/9/2010 10:07:12 AM
I'm simply calling a target price on GOOG come expiration. For this 'research' of mine I care less about the direction, but I agree with you. It just isn't relevant for my manipulation study.
On another note, if any of you follow M4M and understand his methods, you would have picked GOOG off the bottom today around the $595 mark today.
Happy Trading!
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gmg733
788 posts
msg #85869
- Ignore gmg733 |
1/9/2010 12:37:21 PM
I should preface when I watch intraday or look at them I used a 30min time frame, ie. my confirmation was ta 595.
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