Thursday, November 15, 2007

Google-icious temptation

For someone who has never owned a share of Google, yet uses it every day, I am probably a hypocrite. In fact, I've been using Google for years, probably since 2001 or so. This blog is provided by blogger.com, which is owned by Google. I use gmail. But I cannot enter Google stock just yet.

Volume in GOOG has been declining through the selloff, which is a good sign. But the waiting is the hardest part, as Tom Petty used to say. Tom Petty? Google him. The guy has rocked for decades now.

Google will lead the rally back. So will Apple. But patience is key here. The market needs a spark from the Fed first.

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