I have one Hosting Account on Go Daddy and it has a bunch of folders under it for each domain that I have. One of these folders contains a Joomla! installation.
When I setup the Joomla! installation, it had this variable configured in Configuration.php:
var $live_site = ‘http://hostingaccount.com/joomlafoldername’;
I changed that to: var $live_site = ‘http://www.joomladomain.com’;
So far so good.