Huh, Even Philly Fed Was Good...Sorta...

Riggormortis Dead Cat Bounce? Maybe... But the Dow rallied over 200 points on solid earnings, the optimism for all indices being topped off by Google's GOOG blowout earnings after market, on 1Q revenue of 1.26 billion, sending shares up another 6% after the bell back above 200(a 140% gain since August 2004)... Keep an eye on this bitch tomorrow at 930am est... Philly Fed even came in way above estimates, although costs rose significantly... of course the regional manufacturing surveys are notoriously volatile and only good for the bond market... I've always been a bit bearish on Google soley for the technicals which had cried overbought for months now, even though this blog itself utilizes the advertising thereof and I seem to check the google search engine everyday for topics such as depression, bipolar, paddle tennis, acute anxiety, ocd... although the news page certainly hasn't caught on... but of course the FBD oscillator then kicks into a higher spectrum after lingering far too long above 70 relative strength without a pullback... So the warmer weather when sitting by the hudson towards sunset and a little past sunset reveals red lights along the Jersey side near Hoboken I believe, and the currents the remind me of Bar Harbor, Maine... and I crave stuffed clams...