GOOG

WOW GOOG not so GOOGLICIOUS this earnings, I showed a after market close about $15 off the 4pm close. Should be interesting tomorrow what the analysts say.

GOOG

GOOG earnings was after the closing bell and seem to be all over the place. I usually dont place much inot after hour trading in a stock as in the morning their will be a host of analysts out which will push the stock in the correct trend.
Right now GOOG is trading down $8 as of 4:30..

Tech leading

Tech is the definite leader here. Seem like we screaming up into GOOGLE earnings as everyone remember what happened last quarter.
NASDAQ 100 is at new highs for 2009.........

Levels

the Fibonacci 38.2% down is around 905.75, while the 23.6 down is approximately 915, lining up with the gap left in that area. So in my opinion important level to watch will be 914-915.


Stay tuned.

MARKETJEDI

Good shot

Good shot we head toward that 914 area where the gap is present. High probability play but I wont be playing, busy with some other stuff today.

BINGO!!

OUT +5 Points-

Sweet and easy just the way we like it

What I am looking at

Looking at 925.50 to take off profit. Some support down 924 area so I hope we get close, below 924 area we looking at 920.75

We will see soon enough.

MARKETJEDI

Short again

930.50 S&P

Thoughts

Well folks we are getting our usual earnings run here. Most of you know we get this ever quarter but this time we got an early boosting from the GS earnings. From here I do except us to get the final push up, I have been talking about to fulfill the pattern on the charts.
Very important to note we have two gaps left below on the ES Futures at 914 and 910, which I expect to get filled before we go much higher (reason I was ok with my short play yesterday evening).
The model for today should be for consolidation so I do not expect too much action.


MARKETJEDI

Interesting read

http://finance.yahoo.com/news/Nine-Reasons-the-Economy-is-usnews-1021116601.html?x=0&.v=1