If my calculations are correct, 3 healthy FIB cycles will get us to $1 by the end of march. I am with Lombardi and Mladie though … any move to a dollar has to be slow and steady. Parabolic movement is not PHOTs cup of tea.
No doubt this will hit such levels eventually - but the shouts for dollar land are usually met with disappointment and the result causes some lesser informed investors to bail out. Major exuberance leading to major disappointment leading to major idiocy and knee jerk reactions to sell.
In long, until sometime 2015-2016 so the near future pps goals aren't my concern.
What was stated by mladie is true, too fast a rise and we get thrown back into gaping sink holes.
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