Monday, February 25, 2008

From the Journal of Improbable Events

GOOG Today: 486.44 After hours: 484.00

In 1716, it snowed all summer in New England. In 1871, Chicago, Illinois, and Peshtigo, Wisconsin, both burned to the ground on the same day. And on February, 25, 2008, GOOG dropped below 489.

None of these things should have happened. But they did. Now, it is up to those who ponder strange events to see what can be made of it.

I make this: if you find yourself hoping that the stock you just sold goes down 20 points, wish for 200 points, instead. And then, wait for it to happen. It will.

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