Hidden Pivots take on a show-biz aura when they work perfectly, as it appears the one in Google might.  However, regardless of whether these targets miss by pennies, dimes or, in rare instances, dollars, their true value lies not in the bullseyes, but in allowing us to get the trend right consistently, and also to get a very reliable read on how far it is likely to continue.

In Google’s case, a $16 drop yesterday brought the stock to within spitting distance of a 650.69 midpoint pivot.  I’ve encouraged speculative buying within 20 cents of this number, but it should be with the knowledge that more downside to at least 605.83 awaits if the target is breached by perhaps as little as 25 cents. _______ UPDATE (2:45 p.m. EST): Google bottomed this morning at 650.30, then rallied $18.  Timely trading guidance was disseminated to subscribers via e-mail, in the Touts section of the newsletter and in the chat room.