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To: Sonki who wrote (3238)3/3/2009 6:04:26 PM
From: Nancy  Read Replies (2) | Respond to of 3618
 
The damaging part is, GOOG has not been able to monetize youtube acquisition, as well as it is certainly not immune to the worldwide downturn, with recovery set in 2010.

The market is so funky now is because finally people realize that the 2nd half of 2009 recovery is nothing but hope only. So why commit money when the recovery is a good 10 to 12 months away? The old playbook is market turns 6 months ahead of economy turns.