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Non-Tech : The Woodshed

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To: A Horse With No Name who wrote (41979)11/30/2006 8:06:51 PM
From: SwampDogg  Read Replies (1) of 60929
 
The measurements based on the consolidation are 490 and 620.
I like the first target for Spring '07 and the second one for the fall.

I see that Ord still sees one more move down to the lows (E Wave). This could happen but the move in silver does not support this IMO.
The range on NEM that is important is $46.90-$47.25. I do not own the stock but it is obviously important. If $47.25 goes on a weekly close that would be enough to put the bear ST bear case to bed. Great move in GG today which was very important. Watch the weekly MAs for any bearish possibility.

stockcharts.com

This market should now climb the wall of disbelief. If $680 goes it will be the wall of top calling.
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