Google: Searching for a short signal?

Since reaching a high of $642.96 almost two months ago, Google, like a lot of other stocks, is on a slide (down more than 9%) and trading closer and closer to it's stop...

1. SHORT the week of 2.26.07 at $438.68 with a $510.33 stop. Traded down slightly to $437 the following week, but then straight up over the next 2 months, finally hitting my $492.64 stop the week of 5.29.07. Loss of -12.3%

2. Reversed to LONG the week of 5.29.07 at $500.40 with a $443.10 stop. Traded as high as $747.24 the week of 11.5.07, then mostly sideways for the rest of 2007 before falling off a cliff at the start of 2008, trading below my $578.69 stop the week of 1.22.08. Gain of 13.2%

3. Reversed to SHORT the week of 1.22.08 at $566.40 with a $717.94 stop. Traded as low as $412.11 the week of 3.17.08, then exploded upwards through my $576.16 stop on blowout earnings the week of 4.28.08. Loss of -2.6%

4. Reversed to LONG the week of 4.28.08 at $581.29 with a $431.69 stop. Traded as high as $599.49 the following week, then drifted downwards through most of the summer before the bottom finally fell out and triggered my $482.72 stop the week of 8.25.08. Loss of -20.3%
  
5. Reversed to SHORT the week of 8.25.08 at $463.29 with a $566.50 stop. Traded as low as $247.30 the week of 11.17.08, around the time when many of the stocks I trade and follow were hitting their lowest lows, then slowly recovered and traded up to my $361.35 stop the week of 3.30.09. Gain of 25.3%

6. Reversed to LONG the week of 3.30.09 at $369.78 with a $269.70 stop. Traded as high as $629.51 the week of 1.4.10, then straight back down, this time on an earnings miss, past my $553.11 stop the week of 1.19.10. Gain of 48.7%

7. Reversed to SHORT the week of 1.19.10 at $550.01 with a $631.14 stop. Traded as low as $433.63 the week of 7.6.10, then mostly sideways again for the rest of the summer, and finally to the moon and through my $511.19 stop on strong earnings the week of 9.20.10. Gain of 4.3%

8. Reversed to LONG the week of 9.20.10 at $527.29 with a $447.16 stop. Traded as high as $642.96 the week of 1.18.11, but has since pulled back considerably and finished last week down at $600.62. The stop has moved up to $566.75. Gain of 13.9%

Scorecard:

Winning Trades: 5 | 62.5% | $87.16 avg.

Losing Trades: 3 | 37.5% | -$64.87 avg.

Average: $30.15