Barron's Kicking A Sick Dawg While It's Down...

I hate GOOG with a vengeance. The readers of this blog will know that I was calling for a decent correction as far back as early November. But what Barron's doing here is quite untoward, to put it mildly. They are ganging up on the name and raising old issues which I had raised myself but which all of a sudden "gained tremendous importance" -- pressure from competitors, lofty valuation, ballooning costs, blah, blah, blah! Come on! This is not sensible financial journalism, this is sensationalism! There is nothing new there and I am going to be the first to ask 'Where were you, Barron's purported GOOG bears, when the stock was soaring in the high $400s??' Now, all of a sudden they are calling for the stock to go down 50% from here. Yeah, Queen Victoria died... fyi.

Nikkei is down 2.5%. See my comments from Friday. This is a bit more "real-time" than Barron's articles, I would say.