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nope-11pt for dowand -2pt for nasdaqGoog is a good co but people question is PE of low 20's is justified.to me, csco @ 26PE and EMC @31 PEI just don't get why people say Goog is expensive.it is certainly out of a favor now..thought 520 would hold.. it was smacked through..waiting to buy LEAP when it goes below 500after this correction, it should at least has multiple expansion when more ad rev ramps back up
If you read carefully I said reversing trend. Dow was down 28 points earlier in the evening. Dow futures is going to be green in the premarkets.