Well, we'll know the answer next week won't we. I'll take a consolation prize if it passes thru on the way back to 1500.
Tuesday June 30th - "I have kept my fall to 850 and then up scenario in tact, yet I have upped my P2 top by roughly 100 points (ouch) from 1021 to 1121ish."
And that chart today I am still screaming about wanting a pullback to reset the lower trendline.
"They may need one more month to get the quarterly statements right. I'm sticking with my 1050 to 1121 top in October (12th to be exact)." From the Wednesday, August 26, 2009 post OOOOH She's Getting Toppy (Or Is She?) And Some News
So if it does top on the 12th I fully expect showers of adoration and an appearance on CNBS. I don't know of anyone that has been more precise on the net. If you do let me know. I have stared down all of my permabear buddies, taken out at least two P2 top calls from several other notable chartists and dusted EWI once(twice IMO), yet this little fledgling blog struggles along.
If you like the blog please share the link. No reason to be greedy. There is enough of me to go around. If you have not signed up to be a follower please do so. Thanks to all of you that follow and read on a regular basis.
NOTE: I am in the process of considering even more upside. I may finally get the pullback to reset the lower wedge line allowing for more room and time to run. The manipulators might not be thru yet. THE FORM OF THE FALL will be the most important thing so pay attention.
10 points, come on baby. All I need is 10 stinking points (8.67 to be exact). I also have a preliminary 875 fall target at this time (noted in the first chart).
OK, nut cuttin time as I like to say. Have a great weekend.