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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 60.74+4.6%Jan 16 4:00 PM EST
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To: da_cheif™ who wrote (66305)8/24/2011 8:37:41 PM
From: lipid  Read Replies (1) of 207878
 
5000 would require an overlap now, and that looks about right at 1390 or lower,

I can then get it to 4,200 from there

it will have to do the rest by all by its parabolic self.

a few lower degree overlaps on the way to 4,200 could do it too

only reason I don't want to see that 5,000 is that it means something really bad happens, or mega hyper inflation. Or both.

5,000 gold would probably mean a can of baked beans would be worth 10,000! :)

so the spread trade- long beans/short gold would be the big winner!
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