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Monday, November 07, 2005 12:24:46 PM
***GOOG, correction to prior post, the GOOG high set on Friday intraday was $391.79, $390.43 was the close... now an update on today's action, clear weakening of momentum and "heaviness" encounted in the $397's and at $397.47 specifically which is currently the newly set all-time high [11:19 AM]...
Since than it has had a healthy intraday decline and has congregated around the $395 area...
Meanwhile, the current amount of gaps in Google's charts are uncountable, and another one can be added to the tally. So far today the low is $392.15 while Friday's high was $391.79, of course this is quite significant as this is also an open gap on the weekly charts... As I've said before, the only risk being short here is quite a huge one and that would be a end of year 1999-style parabolic blast off just like many tech & net plays saw back than... so watch closely, also keep in mind today's open was $395.10...
Current RTQ here at 12:24 PM is $395.38
Since than it has had a healthy intraday decline and has congregated around the $395 area...
Meanwhile, the current amount of gaps in Google's charts are uncountable, and another one can be added to the tally. So far today the low is $392.15 while Friday's high was $391.79, of course this is quite significant as this is also an open gap on the weekly charts... As I've said before, the only risk being short here is quite a huge one and that would be a end of year 1999-style parabolic blast off just like many tech & net plays saw back than... so watch closely, also keep in mind today's open was $395.10...
Current RTQ here at 12:24 PM is $395.38
HI-HO SILVER !!!
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