Thursday, November 8, 2012

Keep an eye on GOOG

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.

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