GOOGLE

Tomorrow after the close GOOG reports. Based on todays action,unless it blows the barn doors off I think it will join the watery grave where AMZN, INTC,AAPL,RIMM and the rest of the technology companies now call home. I don’t feel any good karma on this one at all-hope I’m wrong. ISRG also reports tomorrow and the options are showing a potential 22 point move either way. We got the cut, the market and the financials rallied and then rollover time came. We have to see if key support can continue to hold,which was tested today on the S&P 500 at around 1353. The level I will watching on the NDX is around 1800. One of the bond insurers got downgraded and evidently Standard and Poors may soon follow suit soon.

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