Let’s All Pray For GOOG
I’m kidding of course. I have noticed that the media is getting all hyped up again as Google’s stock price is getting close to the all time high. Can’t we just make the new all time high event a non-dramatic experience?
Probably not. Not when you have the fool waxing eloquently about staying above 500 this time and if anyone from the street puts together a piece about how the sky is the limit for this stock … I shudder to think what will happen.
GOOG has been firing off technical signals for awhile indicating that higher prices were likely. Sure I got the timing wrong by a few days, but in general Google’s stock has “behaved well” according to technical analysis. Let’s see what happens when the stock makes a new all time high.
