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Friday, October 21, 2005
Google reported a big earnings increase yesterday and the stock reached a new bull market high at 346 in early trading today. I have been bullish on GOOG ever since its IPO. My bull market target has been 376 but frankly I think this is too conservative, especially since I think the bull market in the broader averages is not yet complete. So I am guessing that GOOG will hit 450 or so during the next six months.