jan 30 2007 qqqq

Pivotal day today - GOOG earnings out, FOMC minutes and guidance out; will be interesting. The FI is creeping back over "O". MACD is hovering close to "0". Ideally want FI below 0 when MACD trending up, well above 0 when MACD trending down. The market has been and may continue to be bouncy and choppy, with no strong trend developing (yet).