Friday, January 18, 2008

How Thin Was My Margin

A while back, I famously (some would say "fatuously") speculated that GOOG would not penetrate 600.

Yesterday, it briefly stuck its toe in at 598.01, found the water frigid, and scooted back up. It closed at 600.79.

You know how thin a gnat's bristle is, don't you?

Anyway, this morning, in pre-market trading, it's up over 10 points. I am declaring victory, here and now, before anything else happens. My new title is "Profit Prophet". I will be starting a hedge fund soon, and next year I will appear on Celebrity Apprentice.

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