Yahoo....is no longer a teenager. How appropriate. $34 from MSFT wasn't enough for Jerry. They may be headed for single digits. I'm sure that YAHOO shareholders are tickled pink (red?) with their stock price which is about 65% below what the acquisition price would have been. Again...I never did "get" why Yahoo had such a high share price (even when Jim Cramer was bullish in the $30's). It never made sense. Yahoo's share price is what happens to things that don't make sense. It drops like a lead balloon. Earth to Jerry Yang......are you there?
MSFT....is headed into teenager land. I believe that $18ish is its old support from 2002-2003. That looks like it will be tested soon.
GS....What can I say? It couldn't happen to a more deserving woman (that would be YOU Abby Joseph). GS undercut its earlier lows.....and may test its ALL TIME LOWS from the year it went public. Looks like the $57 area is Goldman's all time low back in 1999.
CRM....is the "canary in the coal mine." How can a stock sell for 100 times CURRENT YEAR EARNINGS IN THIS ENVIRONMENT.......without there being more pain to come? Plus....they have a shill CEO who passed his "ethics test" when he worked for Larry Ellison at Oracle. To pass the ethics test at Oracle all you have to do is to be able to breathe.