The Swamp Message Board - Msg: 23966871

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Swamp

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: TheSlowLane	10/14/2007 9:11:50 PM
	Read Replies (1) of 491

Greg Silberman ponders some questions that may be of interest... How high will the HUI go? Based on our Fibonacci extensions we expect 750 within 6 months to a year. How do we arrive at that? We take the magnitude of the previous wave up (165 to 401 which is a 143% move). We multiply that by the Fibonacci ratio of 0.618 to arrive at a potential wave magnitude of 88%.We then extend the top of the last wave (401) by 88% to get 750. We say 6 months to a year because all preceding up waves have been around that duration. kitco.com Wait until you see his longer term targets...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next