TM, Interesting computation and time line.
I would only note that there are always three possibilities. You have computed one of them. I feel somewhat out of touch with the Market, but I'll stand by my predictions. If we close above 1380, we are going up; below 1338, we are going down; otherwise we are just drifting in never, never land. Drifting is not a lot of fun and we sure have been doing it for a long time.
It seems to me that the key will be the IC's (AA, BA, CAT, DD, EK, IP, MMM, UK and UTX). If they catch on, then this puppy could move up in a hurry.
TB |
