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Technology Stocks : Alphabet Inc. (Google)
GOOGL 328.48+0.9%Jan 9 9:30 AM EST

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To: Paul Chiu who wrote (3501)10/20/2005 3:37:41 PM
From: Lizzie Tudor  Read Replies (1) of 15857
 
could be- one thing I think is missing from this market is a realization on the part of pundits like Cramer, Kudlow etc. and some White House staffers as to just how broken this market is. This is the worst market of my lifetime, bar none. It is worse than 01/02, because at that time, most felt this was a short term bear which eventually would rebound. We haven't rebounded really- just more contraction in multiples.

When people like Kudlow are willing to stand up and say "This isn't the 70s, even though the market is saying it is"- maybe we'll have a meaningful bottom. Last I heard Kudlow was still calling this market a raging bull, LOL.

At this point, I wouldn't rule out a retest of the nas 02 levels, seriously.

Having said all that, GOOG is a great growth story.
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