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Aside from the financial sector, techs are the clear leader. I’ve noted GOOG frequently and think that when it declines, it reflects a desire by investors to broaden their reach. As I indicated the other day I would lighten up GOOG as it approaches $400. I believe it will bounce around that level in much the same manner as it did at $200 and $300.

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Source: Google's Pause -- Sign Of Broader Tech Interest (GOOG, ETF: XLK)