Well I have convinced myself that Google has formed a nice flag here so I am really glad it never flushed my stop! Well, I am glad at this exact second, that may change n the next tick…
Putting my trader hat on, if I’m a MM I might tell my boys to bring Google up to $401 for an exciting close so the Europeans can bid it up, then start selling into strength on Monday morning but that would be wrong on many levels…. PLAY is ready to fly any moment and the Dow may be about to get a huge boost from an oil relief rally if crude manages to close positive (but not too positive as to worry the other stocks).
