The chart pattern since the ipo almost looks like a head and shoulders pattern
It did drop and ease back to this level but until you have a confirmation using other indicators there is no way to know what the price will be in the near term.
It must break prior supports which it hasn't done so far to confirm this.
.....Seems to me that $300 was a price entry to consider for GOOG if one is a LONGTERMER?.......BUT what the heck do i know?.......How many stocks are there ouy there that compare to GOOG in yerms of Revenue?....Income?.....Past and future Growth?....FUTURE......Can you give any examples of ANY STOCK COMPARABLES?.......All the best in 2009!