Trader Mark submits:
It has been very difficult to find any worthwhile stocks to buy that are not extremely extended and on a 4-week warpath upward, but Google (GOOG) is a name that fits the bill. The stock has been weak ever since news broke of a potential pullout of China, [Jan 13, 2010: Baidu Soars on Potential Pullout of China by Google] but the stock has just cleared resistance in the past few sessions, and provides an attractive entry. (Click to enlarge)
While the whole China fiasco seemed very overblown to me, the action by the herd is what it is. Today the stock seems to be responding to a news report out that there will be "a development" in talks soon.