One of the sites I use everyday Google has had its stock finally break the floor of $300. It hit a new low today. It is beyond the 50% drop from its high of $747 reached last year.
GOOG |
293.58 |
-17.88 (-5.74%) |
The rest of the market is down, too, and Paulson’s peek a boo appearance on TV saying he has changed his mind about how to spend the money on the Fraud Bailout.
8,423.95 |
-270.01 |
(-3.11%) |
|
867.76 |
-31.19 |
(-3.47%) |
|
1,521.56 |
-59.34 |
(-3.75%) |
There is still a chance we may have a bounce in the last hour of trading. We seem to be oversold, but maybe that doesn’t matter to investors just simply cutting their losses.
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