Before chasing upside of 20% from here, print out two tables with Google financial results and ask yourself: will holders of Google with profits from 200 level sell into next earnings or wait for another confirmation of Slowing trend?
Q2 results 2007:http://bp2.blogger.com/_1UpYFlfWGJo/RqCbzrZqnDI/AAAAAAAAAS4/KDdR86uSz2c/s1600-h/scan0011.jpg
Q1 results 2007:
http://bp2.blogger.com/_1UpYFlfWGJo/Riyl_MJQvuI/AAAAAAAAALM/0wfTDrGmKXY/s1600-h/scan0008.jpg
Google and Subprime: http://sufiy.blogspot.com/2007/09/mortgage-impact-on-google-goog.html
Original posts:
Q2: http://sufiy.blogspot.com/2007/07/google-goog-earnings-and-growth-are.html
Q1: http://sufiy.blogspot.com/2007/04/google-earnings-eps-is-falling-and.html
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