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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: shades who wrote (67788)	8/18/2005 7:03:33 PM
From: Moominoid	Read Replies (1) \| Respond to of 74559

My current GOOG position is doing fine. And it will head down more and more... Have you looked at the GOOG chart recently? And now the market is heading down I am getting calmer and calmer :) When GOOG issues (pi-3)*100million shares today it was big news. Still only 2% of my portfolio. You seem to spend a lot of time insted obsessing about why you can't win. :)

To: shades who wrote (67788)	8/18/2005 8:03:05 PM
From: Slagle	Read Replies (1) \| Respond to of 74559

Shades Re:"GOOG" Was it my imagination or did I not hear that Cramer last night (the night before the big secondary was made known to the public) announce that that GOOG was now a "value stock" and more or less a "widows and orphans" type investment like where you would put the money for Granny and Grandpaw's cemetery plot? I really haven't been watching too close lately but I am sure I DID hear something like that last night, right? And that now GOOG is worth $800? WOW. I believe a pattern is beginning to emerge and if this keeps up sooner or later there will be a really big stink over this type of thing. The GOOG and the DKS deals are very similar and I bet somewhere offshore a numbered account is seeing lots of activity. Back in the 1930's people were slammed in jail for all sorts of securities related offenses and it could happen again. I remember as a kid a schoolteacher talking about stocks and saying that the public should not buy common stocks, only preferred. Wish I had been smart enough to short GOOG (like Moominoid <g>) but at least I am short TOL, LEND and some others. With Cramer jumping up and down GOOG may be the short of the season. Slagle