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goog forming a pennant .. if it breaks above 400 in an uptrend.. i'll go back in.. otherwise u can short it at below 380..

thats the same feeling when AMZN and EBAY were at their peak ... GOOG is has gone public only 2003 .. its honeymoon stage..

GOOG was a SELL July 13.. [418-404] and i dont see any trend change to counter that.

my MACDs chart is SELL 2 days ago