Quote:
Originally posted by DollarManSteve@Jun 10 2005, 10:29 AM
Id say it is only slightly 'overvalued' on a technical basis with a short term correction due to the $250 range (about a 10% correction). Until the long-term trend line is broken on the downside, I would say that 'irrationality' (basied on findamental valuations) is winning right now and 'the trend is your friend'.
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10% down to $250? OK, you are counting from $278.
I'll double your downside. Google shareholders will see sub $222.