Buying Update
I am waiting for some of the orders to go through. If they haven't, I'll revise the prices.
So far, open orders are:
gifi
se
ts
osg
me
pxd
sm
Last time I did this I got cheap on the calls and missed out on WTI & MVL.
Meanwhile, I have been waiting for a pullback to the 50dma on many stocks. I saw that yesterday.
So far, open orders are:
gifi
se
ts
osg
me
pxd
sm
Last time I did this I got cheap on the calls and missed out on WTI & MVL.
Meanwhile, I have been waiting for a pullback to the 50dma on many stocks. I saw that yesterday.
posted by Andrew at
7:44 AM
2 Comments:
Dear Andrew,
What is your stand on GOOG ?
Is it a good short candidate for this type of environment ? Things is slowing, should the advertisement be affected ?
thx
GOOG is hard for me to gauge. I like their potential growth as search moves onto the phones and TV. And they have a cell phone play as well.
But that is future. Right now they are advertising dollar dependent. And the question is: as US spending dries up, will global spending make up the difference. I think so, for a while. Especially with the Olympics - this is the very first, truly web integrated Olympics imho.
The only problem with GOOG is that they suck as a portal. Yahoo may be too glitzy for some, but I prefer it for its simplicity.
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