Monday, February 4, 2008

YAWN

What a boring day! but crack as showing us quietly.
Google is now below 500 and i can surely says all the analyst who called for GOOGLE to $1000 will only see that numbers in their dreams. Google will be funny to watch and as noted last week Google can lose $150 in a rush. I think Google will see $375 sometime this year and will announce a split in order to boost their stock price.
Today Gold is showing some weakness and also think Gold is very toppy here as everyone is thinking Gold will goto $1500.
The homebuilding stocks bounce seem to be running out of steam and with a number of people calling for a housing bottom this year a few might set up later in the year for the 401k investors but I wouldn't be holding my breathe.
I am taking ti easy this week as I am burnt out from the last 3 weeks of trading. I will update the blog as usual