Tuesday, September 12, 2006

GS Goldman leads the rally

I am caught flat footed by today's 100+ point rally. GS Goldman Sachs (chart) leads the way. Today's GS rally already took out the first price target of 160, distance of gap up is distance of the move (5-day-chart). The 52-week high of 169 looks to be the next target on the upside. The gap at 151 to 155 is likely support.

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