yahoo/google

so in whittling down my stocks i dumped yahoo and kept google:

all the talk about google buying yahoo, brought yahoo up 30% and google down 18%, I'm hesitating on selling, just because I don't know what to buy, yet now I'm wondering if I may recoup my losses holding on to gooogle, as people may buy google again, because it went down that far-- now I realize that I am caught in the game, the wondering, the reading wall street journal and motley fool and trying to deduct out of my sparce knowledge, a hint about what may or not happen.

google quickly announced their health care application - a great marketing move, great timing. i guess they are trying to stop the fall.

I "lost $697.24" today, wow - everyone is talking about rates of inflation, value of the dollar against the Euro falling more. Last week it was recession and today a tired president bush say's that it won't be so bad and that the american economy is resilient, but even he doesn't seem to pay attention to his own words.

Western Digital - some investors are downgrading it, because they see consumer demand falling lower than expected and don't see it rising till the holiday season again, by which time other competitors could come up and positions themselves nicely.....hmmmph, down goes their stock, but not so drastically and I look and see that May 2007 the stock price was at $18 and now its around $30. It seems like it might be a good thing to fly under the radar sometimes for a stock, so you don't have such an emotional rollercoaster of stock buyers and sellers reacting.

So, my last comment: JCPenney - they only lose 3,5% of earnings at the end of 2008 instead of 3.8 or 4.5% so people are happyand hold on to their stock -- another company, whose name eludes me, because i didn't take enough notes in my two day flurry of stock selection, well they dissapoint share holders because their sales under perform on what they hoped to earn - they went from $108 Million in sales to 184 Million! , but missed there mark buy 5 or 8 Million and everyone starts selling off stock....

details, i must get into them more......