Quick note to present these 'potential' targets on the major indices. Of course they should continue to underperform the precious metals in this lurch toward an ahem, more pronounced inflation. But something may be forming on the charts that targets Dow 15,600+ & SPX 1720+ in the not too distant term. That is only if the bears fail to seize this opportunity here and now and break the pig below support. Very busy now but I will illustrate this over the weekend if it remains viable.
Tuesday, November 6, 2007
Dow 15,600 & SPX 1720
Quick note to present these 'potential' targets on the major indices. Of course they should continue to underperform the precious metals in this lurch toward an ahem, more pronounced inflation. But something may be forming on the charts that targets Dow 15,600+ & SPX 1720+ in the not too distant term. That is only if the bears fail to seize this opportunity here and now and break the pig below support. Very busy now but I will illustrate this over the weekend if it remains viable.
