Tuesday, June 5, 2012

Trade Watch: Goog position initiated....

Bought starting position in GOOG at 568 with add at 552. We really liked it at 600; however, our computers did not. Glad we followed their lead. Target is 800 plus.We think it can reach low 500- at that point it would be an "all in" with tight stop programs. GOOG will be 1000 dollars (pre-split). This is a high-probability play. In   poker- you make bets at these points. We will play this hand. I am glad we saved our readers millions on the Facebook hand. Please review email report on our Google strategy. We may try a FB trade at 18.50. Stay tuned.