I don't have a position. I did notice that the analyst who was very bullish about the report repeatedly mentioned headwinds in 2012. The market thinks ahead and at some point will start pricing that in. The stock could stay up in the 590 area for awhile, but is unlikely to move up from there. Depending on several factors, including market factors, GOOG could sink toward 550 during the next month or so, but that's just my opinion and I'm not taking a long or short position in GOOG now.