Wednesday, January 04, 2006

Google


Here is an updated daily chart of Google.

GOOG continues to lead the market higher, and until I see either a top in the market averages or until GOOG starts to underperform these averages I will continue to think the main trend in GOOG is upwards.

Right now my short term target is 470 and after that it looks like 495 will be reached. Enjoy the ride while it lasts! These moves always go further than one expects.

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