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Thread: Beware Of Goog!

  1. 03-24-2006, 04:23 AM #1
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    Exclamation Beware Of Goog!

    Google will be added to the S&P 500:

    http://money.cnn.com/2006/03/23/news...ex.htm?cnn=yes

    It will either be a curse or a blessing for the (C).

    What do you think?

    God Bless
    "You rise. You fall. You're down then you rise again. What don't kill ya make ya more strong."
    - Metallica
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  2. 03-24-2006, 04:40 AM #2
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    Default Re: Beware Of Goog!

    My guess, short term gains that will be sold off quickly. It happened with eBay and Amazon. Goog is up after hours so I think we missed the buying opportunity. By Monday you'll see the profit taking start kicking in.
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  3. 03-24-2006, 04:43 AM #3
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    Default Re: Beware Of Goog!

    In the longer term - probably a blessing. Goog may help provide some leverage, especially to the upside now that it has corrected some.
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  4. 03-24-2006, 12:22 PM #4
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    Default Re: Beware Of Goog!

    Rod, I wish you would of told me this yesterday when I could of bought some...............

    I remember seeing somewhere last week that Google was being added but I forgot all about it............
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  5. 03-24-2006, 03:34 PM #5
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    Default Re: Beware Of Goog!

    Quote Originally Posted by mlk_man
    Rod, I wish you would of told me this yesterday when I could of bought some...............
    Sorry Mike... I had just found out myself.

    "You rise. You fall. You're down then you rise again. What don't kill ya make ya more strong."
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  6. 03-24-2006, 03:42 PM #6
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    Default Re: Beware Of Goog!

    That's alright. I should of stuck a Post-It on my forehead........
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  7. 03-26-2006, 01:24 AM #7
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    Default Re: Beware Of Goog!

    IMO GOOG will be a curse. S&P doesnt need the GOOG tech stock, lousy choice for addition, GOOG will die soon.
    "Auferre trucidare rapere falsis nominis imperium, atque ubi solitudinem faciunt pacem appellant."
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  8. 03-30-2006, 07:33 AM #8
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    Default Re: Beware Of Goog!

    Quote Originally Posted by tsptalk
    My guess, short term gains that will be sold off quickly. It happened with eBay and Amazon. Goog is up after hours so I think we missed the buying opportunity. By Monday you'll see the profit taking start kicking in.
    When I made that post I had thought the change was happening last Friday (3/24), not this Friday. The gains in Google since the announcement have been impressive. So this Friday is the Google day. What happens to it on Monday?
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  9. 03-30-2006, 01:05 PM #9
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    Default Re: Beware Of Goog!

    Do you all think that with GOOG joining the S&P tomorrow that this will boost the C fund at least for a day with fund managers buying it?
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  10. 03-30-2006, 03:32 PM #10
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    Default Re: Beware Of Goog!

    Quote Originally Posted by mlk_man
    Do you all think that with GOOG joining the S&P tomorrow that this will boost the C fund at least for a day with fund managers buying it?
    Hey Mike,

    I believe this article will interest you:

    http://msnbc.msn.com/id/12024998/
    "You rise. You fall. You're down then you rise again. What don't kill ya make ya more strong."
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  11. 03-30-2006, 03:57 PM #11
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    Default Re: Beware Of Goog!

    Interesting, thanks Rod!
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