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.
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
"Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7
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.
In the longer term - probably a blessing. Goog may help provide some leverage, especially to the upside now that it has corrected some.
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............
Sorry Mike... I had just found out myself.Originally Posted by mlk_man
"Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7
That's alright. I should of stuck a Post-It on my forehead........
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."
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?Originally Posted by tsptalk
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,Originally Posted by mlk_man
I believe this article will interest you:
http://msnbc.msn.com/id/12024998/
"Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7
Interesting, thanks Rod!
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