GOOG and Earnings

As far as technical analysis goes, Google has recently seen a nice bounce off the 50 dma. The 50 dma has been an excellent tool to show areas of support for Google since the beginning. One can talk about technical analysis and blab about various indicators all day long, but there is one thing that these indicators cannot predict.. the market's reaction to earnings. Google's earnings announcement is in two days so stay alert. Pay attention after the close today when Yahoo announces its quarterly earnings.. Be especially attentive to their numbers regarding ad revenues.. this could serve as an indicator of things to come for Google's numbers on Thursday. Personally I rarely.. RARELY hold any stock through earnings.. yes you will get lucky many times, but you will also get crushed just the same.. you never know what's going to happen or how people are going to react.