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Technology Stocks : Alphabet Inc. (Google)
GOOGL 323.39+1.6%Nov 25 3:59 PM EST

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To: Gabriel008 who wrote (6380)1/20/2006 4:43:39 PM
From: Trader J  Read Replies (1) of 15857
 
The hottest stocks in the market very rarely decline 15% in a week without there being some sort of recovery. This is the exact valuation opportunity that I have been talking about waiting for.

In the absence of material negative catalysts that cause revaluation of an issue, you need these types of events to create some level of valuation creation, whereby sidelined money sees the upside potential enough to commit funds. This is not to say that the rally starts on Monday .. there will be nervousness about for a bit, but if we get some volume and a dip, that should shake out rather quickly ... stabilize and at that point, a level of confidence should return.

Not to say that this is the bottom, but I would bet we are awfully close

I have yet to see anything that materially affects the future valuation of GOOG near term, thus, I believe this dip can be bought at some point on Monday. All depends on what, if anything, comes out in the way of news.

Will be interesting to see what the S&P does now as well. Anyone have info as to what issues are next to leave the index?

tJ
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