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Technology Stocks : Google Facts Zone

GOOG 290.59

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Nov 10 3:59 PM EST

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To: Sonki who wrote (3215)	3/3/2009 10:52:00 AM
From: Nancy	of 3618

Sonki, Do you still plan to be in current locale? Not everywhere of the country see the same price declines on the housing front. Some are much harder hit than others. Even in the hardest-hit area, high-end properties still command $800 to $1000 per sqft - and there are transactions! We may make a bottom but I dont expect anything like 2003 - the underlying issue is completely different, and dare I say, This time is indeed DIFFERENT. Global synchronization of growth now ends with global synchronization of recession. I honestly dont know what other bubble we can create to lead us out of this burst of the credit bubble - So we had an internet bubble, which the economy was saved by the credit bubble (on a much larger scale, as the whole country and the whole world were involved in this drunken feast). Then there is this inadvertently created bubble - Treasury bubble, which obviously would not be able to pull us out of this mess, but has a dire potential to disrupt the economy in the future (hyper inflation). Call me a pessimist. This is a time to be cautious and I should have avoided the temptation to try to get more from an oversold bounce, and be content to what Market God handed out!

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