MSGI - I remember having this debate with Len and others years ago either here or on RB. I think I came away thinking the same thing. It was a great tool to measure direction, but not too good on exact prices. I look at P&F target along with everything else on those other charts. In the long run, nothing has worked better for me than growing top and bottom lines, quarter, after quarter, after quarter. CXPO, TXCO, and POE.V are all doing that, even if oil goes to $70 - or even $65/bbl.
Kipp