Tuesday, October 16, 2007

Google is not just a doodle

Googol is something I read about as a kid. A hundred zeroes following the numeral 1. The Google we know today is going to leave the original googol in its tracks sometime soon.

The G-phone is really putting a lot of sex appeal into GOOG, and there are probably a lot of us who wish we'd bought a few shares back when the stock was languishing at 460. Say what you will about the merits of swing trading and daytrading; there's no more sensible way to make money than to buy a great stock on the cheap before it makes that inevitable run.

Pupule says: Wait. At 620, GOOG is far above its moving averages. If Q3 earnings tomorrow aren't killer, the stock will come down to earth for the rest of us.

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