GOOG Sees Selling Today Some Were Looking For

UPDATE: Google Inc (NASDAQ: GOOG) is seeing the selling pressure (-10 points) traders were looking for yesterday after CNBC's 'Google Bug' was flashing a near-term top in the stock (see our 06/07 report). While clearly a good day for shorts, we would expect many will be quick to cover and lock profits versus getting caught in the squeeze as long-term bulls look to buy the dip.

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