GOOGLE

Geez
who told you that they would blow out earnings. Man oh Man I tell you this smart money is going to be dumping some high priced stuff on some fools. Well folks we in a corrective pattern here and not much else to say. I still believe we will stay in the pattern till around June/July time frame and that means on any significant pullback I would be a buyer till that time period.
One thing to to careful of is that in earnings stock usually run into reports then sell off, look at GS. Google is up $30 at a little over $400 but in two weeks I can bet it will be lower, these are just patterns that play out over and over again.

One other very important trend to remember, we also reverse the movement of options expiration week, the following week. So since we are positive this week I expect us to be negative next week.

I am feeling a lot better but still under the weather and will be back in gear soon.