ndx up on AMZN GOOG AAPL RIMM Amazing how 4 stocks can control an entire index, not one of them seems to carry any risk goog above 600 amzn nearing 100 aapl nearing 200 rimm nearing 120 Lets not forget BIDU at 325+ getting a little out of hand, dont you think? how high can these stocks go, is it 1999 again??? It may be. It just may be.
Everyone is cramming into the same shit to boost performance. It's a tremdous game of chicken. When they all want out these stocks will fall 10 points a day.
These stocks have definitely arrived. I remember when I was buying goog at 460-480 with all hands and fists. Here I just don't see the upside, on a valuation basis. But they aren't good shorts yet... GOOG might be a good earnings day short if it gets to 650. Of course, don't forget RIMM moved 20% on GS's will, not their earnings #s and projections. So who knows...