The Bear Club: GOOGLE

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ards - Fri, 31 Dec 04 :

just returned from party to see goog has done the business. still think 190 on cards next week. red print looks pretty engulfing to me, usually a bearish sign. The us tax year is a calender year so i think a lot of holders have been delaying selling until jan so that they now have 15months to pay tax rather than 3.

really cannot see stock recovering in next few weeks before as lockups expire in jan and feb. I think a sell off to 170 may now be on cards but who knows with mad yanks.


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