I admit that Goog is a great company and I do use the search engine. I do use Yahoo too for various things. Both seem like good companies with growth prospects.
However, we are in a bear market. In a bear market, the stocks that lead the way during the bull market usually are the fastest to fall.
Many folks now are afraid to buy anything and there is no bid underneath. The use of margin is scaled back and the shorters will turn on the spigot at any moment ready.
Sure Goog is a great company, but it will still fall. A bear is a bear is a bear and it will take out Goog sure enough.
However, we are in a bear market. In a bear market, the stocks that lead the way during the bull market usually are the fastest to fall.
Many folks now are afraid to buy anything and there is no bid underneath. The use of margin is scaled back and the shorters will turn on the spigot at any moment ready.
Sure Goog is a great company, but it will still fall. A bear is a bear is a bear and it will take out Goog sure enough.
