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Where’s The Santa Rally?

13 December 2007
Author: Harvey Posted under Investing

So far a Santa rally has been a no show. My major holding GOOG appears to be headed once again to its 50 day simple moving average. Thankfully volume has been on a steady decline since its most recent $747.24 high on 11/07/2007.

If GOOG follows it historical reporting time frames, the company will report earnings next at the end of January. Shares closed today at $694.05, down $5.30 (-0.76%).


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