24 MAR 2010, Wednesday

1. Hasn't been much to say lately...a couple of reasons...
2. First, we're not seeing the speed (ie, percentage moves) that we saw last year and...
3. Second, it's up too high to buy and too firm to sell.
4. It'll change....One day at a time.
5. Below...After trading down nearly $10 earlier in the day, shares of GOOG have reversed and rallied back to the unchanged level. As shown in the Bloomberg chart below, it seems that at least part of the rebound has been spurred by a single trade of 975K shares done at 1:11PM. Block trades of close to a million shares are rare enough, but trades of a million shares for a $500 stock? Unheard of! That single trade in GOOG was worth over $530 million.  Pocket change for....???