Random Stock Market Thoughts

Tuesday, January 31, 2006

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GOOG Earnings

This is my thought process for GOOG. Today a few minutes before the close I am going to look at GOOG. I currently own the stock. Now if GOOG is up I will sell my stock. If it is down I will hold it. While this may not make sense as a logical decision making tool, it is often a good indicator. Not 100% accurate by any means; however, I do not have a significant edge of GOOG's earnings release today and I do not want to place myself at risk. I have no problem buying the stock up 20 if it beats, I do have a problem holding it if it drops 50.

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