Tuesday, February 28, 2006

air pocket

goog is bumping along, trading back up to the mid 390's when one of the management (cfo) at a merrill conference mentioned the word 'slowing', well that's not good in any context and in the next 15 minutes the goog traded down almost 55 points or well over 10%. Insane. Can you imagine getting your bid hit at 393 only to watch the bid evaporate down to the low 340's in the next few minutes. Yikes.

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