GeorgiaGirl
Member
That Google news is essentially rehashed stuff from last week and came at a convenient time (lunchtime) for someone to hammer the entire market with a big sell (you had a -1100ish TICK off it).
It isn't as powerful as using Apple (although I suppose the idea here would be to use it to buy time and pray TSLA craps the bed so you can go off the wind of them getting hammered and pound the Nasdaq back into the downtrend) but it's clear that the Nasdaq has big guys squirming this week. It shouldn't have broken the downtrend, but it did and clearly has folks off balance.
It isn't as powerful as using Apple (although I suppose the idea here would be to use it to buy time and pray TSLA craps the bed so you can go off the wind of them getting hammered and pound the Nasdaq back into the downtrend) but it's clear that the Nasdaq has big guys squirming this week. It shouldn't have broken the downtrend, but it did and clearly has folks off balance.