My site designer arranged a meeting for me with a famous internet marketing guru earlier today to discuss the marketing plan for daytradingbias.com. It was a very interesting meeting and I learned a lot about the online marketing world. More interesting, however, is the fascinating relationship between Google and its advertisement clients. It is something […]
The irrational investors always make the same mistakes again and again because they act on their emotions. The funny thing is, many hedge funds behave exactly the same way, for a completely different set of reasons. Past two weeks, the massive unloading in Google confirms how unreasonable both average investors and hedge funds can be. […]
Talking about Google going down $50 since open at my chat room. Update of my chart from last week. Follow up on my last post, WTF Chart of the Day: Google Weekly And Quarterly STOPD Play
Google chart before earning announcement with relevant trend lines and patterns marked. Previous quarter top 50% highlighted in blue on the left. First week of 2014 STOPD Levels highlighted with the expansion levels. Notice how Google reacted at the various STOPD levels highlighted by the yellow zones. Important support levels highlighted by red zones.
What happened to Apple back in year 2012 below. Is Google doing the same? If so, is it going to be like the first red down arrow or the 2nd one on the Apple chart? The difference can be deadly for some hedge funds.