Disclaimer: For education/entertainment purpose only. Invest at your own Risk
On Monday, the market closed at 11,339 which is 5 points lower than the previous close of 11,345
It may pull back more but as long as it is above 11300, it is bullish.
WHAT'S UP AT GOOGLE:
http://bigpicture.typepad.com/comments/2006/08/google_sellers_.html
Whats going on at Google..The insiders are selling..Since Feb 2005 the insiders have sold a lot
Larry Page: $2 billion
Sergey Brin: $1.9 billion
Omid Kordestani: $1.1 billion
Eric Schmidt: $650 million
Ram Shriram: $650 million (Director, Investor)
David Drummond: $200 million
George Reyes: $200 million
Jonathan Rosenberg: $200 million
Well, if I was in their place, I would have also done the same.
They have worked their way to riches, and have seen the dot com crash days when millions of dollars of stock options had turned into worthless paper.
Better to cash some $$$ and re-invest it in some safe place.
Surprising the stock has not gone down much. It is still in an uptrend.
Psycho killer raccoons
If you see a Racoon...just RUNNNNNNNN for your life!!!
Here is an interesting article about Psycho killer raccoons.
http://news.yahoo.com/s/ap/20060822/ap_on_sc/rampaging_raccoons
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