Random Stock Market Thoughts

Friday, January 20, 2006

Google
 
Web randommarketthoughts.blogspot.com

Are you seeing this?

GOOG is down around $400. Its down $30 today alone. Why is that you ask? Because YHOO missed and panic has ensued. I feel really good about selling some at $460, kinda wish I had sold more but hey look at it now: it is a buy again. This is a huge over reaction to what I perceive as GOOG taking market share away from YHOO. The amount of fear in this stock right now is amazing. How can you take a stock down $60 based purely on YHOO. I am going to throw it out there that GOOG is going to beat in a week and for that I am entering a BUY order right after I type this...

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