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In the last GOOG post about an hour ago, I showed the stops being hit, why and how you can protect yourself. Now, lets take another look at the chart.

The red arrow and big red volume was our last update and I listed several reasons why a market maker, etc would hit these stops, one was for their own position. If you look at the white arrow, there's a 1 min positive divergence so looking back now, we can see very clearly what happened, the stops were hit, the market maker or whoever was behind the shakeout, picked up the shares on the cheap easily and has run GOOG up for a decent little intraday trade/profit. This is another reason I prefer to use stops on the close as well as all of the other reasons I provided as to how and why the GOOG longs got hit. If you were one of them, how would you feel now?

Again, this is an example post for reasons of learning about the market and is not analysis of GOOG itself.