The smart money, which is to say the guys who predicted the Dow would go to 5,000 in 2008, is now saying that GOOG is destined for 480 soon.
Yesterday's action made me think that we have seen the near term low at 520. Today's action - up 9 plus - makes me think I'm right. If GOOG closes strong (9+), I'll be reasonably certain of it.
The smart money doesn't see it that way.