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ryall12

07/30/10 11:48 AM

#665 RE: leoncio1 #664

rally started wednesday with the break of 1.29 my friend :)

i see some resistance from here to 1.45 or so until tuesday maybe. then there will be even stronger resistance in the 1.70 to 1.90 area depending on when pps reaches that level. but that is the last fan line and if it breaks 1.95 should become strong support and pps may very well reach for 3.00 to 4.00 in the not too distant future.

one step at a time, first need to knock ubs off of 1.45

should be interesting. but we can be pretty certain pps will be over 1.25 for a good long time.