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Friday, August 15, 2008 1:16:32 PM
The figures below may only occur by next thursday. And will have to review gold with the current action, 718 or 750 are likely now that 781 was broken through today. And the highs predicted may be extended to sept. 10th. This market needed to sell off more this week, instead it is a side ways movement in the major indices. Just thought i would update my figures and be a responsible individual and remain accountable for what i put out there in the universe.
Have a great weekend all!
Previously stated
IMHO: These are refersal points to look at. These bottoms will hit friday and the refersal will begin on same day or Monday. When monday hits it's going to run all the way till August 28th. In brakets are where the highs will be set for next run.
Dow Jones 11328-11406 (12187-12500)
SMP 500 1265 (1343.75)
Oil 118.75-121 (down to 100-106.25)
JPM 32.81 (42.19-43.75)
C 15 (21.25-25)
GS 156.25 (192.75-196)
Mer 21.25 (37.5)
Gold runs to 843.75-850 (bottoms at 781)
Usd comes down to 75.78 (tops out at 77.34-78.125)
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