GOOG going to suffer HUGE losses

I fully agree that tech is overvalued.As the economy contracts,businesses will be hit and when that happens ad spending will take a hit.So while people will continue to search the internet,it will not translate into revenues for the company.When will the market start recognizing this,who knows maybe a month from now,maybe next year.All I know is that we are in a multiyear commodity bull market and that is going to trample everything in its path.Short stocks,long things that people can't do without like wheat or oil.

the only difference is how these companies make money.. rimm and appl make money through selling consumer products for google all they need is people going on the internet, something they are going to do regardless of the economy

You have to look at a lot more than charts when you talk about a move of that caliber, also google owns the internet and more and more people will keep using search engines more frequently which means more expanding revenues

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