January 12th, 2006

Google, Henry Blodget and the Stock Chartist Guru

Call me a trailblazer and let me claim to be the first.

While Henry Blodget is getting all the notariety, the press, the mentions and links in other blogs (for a blog search, see Technorati), I clearly switched on the yellow “caution” light on Google in my November 25, 2005 post.

Yes, the stock has continued to hug the upper boundary trendline of its long channel and has climbed another nearly 10% since that last post. But I’m still in the camp that a long-overdue correction/consolidation is overdue.

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