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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (65520)6/26/2005 6:21:55 AM
From: shades  Read Replies (1) of 74559
 
Why would you start a short now? What crystal ball do you have that more money will not flow into GOOG? According to phil grande it has great relative strength - it went up when the market went down!! I hear Cramer say don't sell til it hits 4 digits - people listen at that clown too - he has a much bigger audience than worldmarket blogspot!! He pushed the BULL button on GOOG and 20 baby calves shot out his arse adding to the rally!!

In 97 why short CSCO? It had a few more years to go - warren buffet was one of the few who said he would have no part in that madness - but he didn't short it, in fact the only thing he has shorted recently is the US dollar and that was not so hot for the time being.

The numbers I dug up don't show selling to me and I am trying to learn, why do they show selling to you? Sell to WHO? J6P isn't buying this stock - 53% is owned by insiders who will likely hold for a long time - most of the rest by large funds that will probably keep it in thier funds for a long time too.

Why sell now when they got Cramer and Bortoromo marketing this baby for 4 digits?

You and I may know the higher father is not listening, but religous zealots always interpret events in positive ways it seems.

General don't worry, be happy, and make sure you never use GOOG again for anything, because each time you click there you give those advertisers another set of eyeballs they have to pay GOOG for. You must realize you have helped it go up - when people hear that KL FInancial lost hundreds of millions shorting it and the Mighty General Chen has been beat back shorting it that only makes MQUIRCE go wild and buy more - the day you say you have went LONG - then people will realize the rally head fake is over and dump dump dump. You are shooting yourself in the foot with a cheap chinese ak47.
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