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Re: itzgood post# 8694

Tuesday, 08/17/2010 8:42:54 PM

Tuesday, August 17, 2010 8:42:54 PM

Post# of 12368
I think, Like in April, we hit the 5 mark and have the possibility anytime before thanksgiving to hit it again.

What were those market conditions that created that????

just one thing a positive unemployment report. Something as simple as that caused a 5ish spike. It wasn't even a great positive employment outlook. So essentially the spike was just that positive market conditions.

Given the right market conditions this could happen several times before thanksgiving, IMO.

If the government leaves the possibilities are limitless.
My opinion is that when this happens less than 2 weeks later the price will be in the upper sixes. It will take some good market days during that 2 week period.

again just my opinion.

GLTA
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