Google's stock is taking a beating right now, how will the market react tomorrow? Google released their earnings today, and their PE is below 100. They are currently rumored to be in talks with Napster, but their credibility has taken a serious hit with the much discussed aquiesance to China over their search engine there.
http://finance.yahoo.com/...
It's down over 60 dollars in after-hours trading. Might be witness a huge sell-off of tech stocks tomorrow?
Recent threads, particularly the savings thread has certainly heightened the perception of impending financial collapse. Oil was a little lower today, but remains higher. The market may move tomorrow on the SOTU address, and how Bush addresses the energy market. OPEC appears to be continuing its policy of keeping production levels steady. Of course the present Iranian uncertainty, being a producer of oh, 2.6 million barrels a day contributes greatly to the uncertainty, and price of oil currently.
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