Gold Miners ETF (GDX)

[dabonenose]

LOL, did I say your analysis was silly? On the contrary, I said it was nice analysis.

We are both using a different points of view. I believe you are looking at it from an Elliot Wave perspective, while I am not.

I am only expressing my targets based on MY analysis with target trendlines that I have developed, which I might add come to a vortex where the cup and handle which I mentioned project a price target. My target is 30 and it won't get there overnight.

Remember, a target is just that, a target. It's not a given. It's just a point at which one's analysis believes the price will go.

Price action can be affected by many, many different variables.

Furthermore, based on my analysis, I think the NYSE, S&P, etc. is getting close to rolling over into a correction and stagnation for a month or so, at which time I expect gold to outperform.,,,,,Time Will Tell !!!

JMHO