I still have GOOG as a core short position and would love to add to it a bit more, but it's looking an awful lot like it's very close to popping higher. I even considered covering part of the existing short to add at higher levels, but that would tip the balance too far toward the long side and that's not where I see the larger probabilities.
If you are a nimble trader you might take a look at GOOG and what options you have available to you including options.
I'll get the charts up in a moment, but I really think it's that close that I put this out without charts to save time.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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