What's up with the GOOG?

[dog]

Old Jimbo was nearly telling little old ladies to put all of their savings into GOOG (yea yea yea, I know he does say diversify...I said "nearly").

Has the GOOG hit the ceiling?

Will it bouce back during this so called "tech rally"?

I'm guessing we are seeing some profit taking.

[Thierry Martin]

Google receives an enormous amount of revenue from it's near monopoly on Pay Per Click advertising. Yahoo and MSN both have competing platforms about to be unveiled. I would imagine some traders are taking profits here and waiting to see what Google is up against.

[dog]

That sounds reasonable.

I'm also in YHOO which hasn't looked too shabby lately :D