- GOOG has hit our prime .618 level for a W2/B wave to now start our decline into the C wave or possibly a W3, both of which are destruction to one's portfolio. If you have no exited your postion in GOOG I would do so soon because when you think its going to bounce back off any support.. it won't and you will regret not selling out at $119 when it is sitting at $60.
I would not be a buyer here, but I would be a buyer for PUT OPTIONS.
I would not be a buyer here, but I would be a buyer for PUT OPTIONS.