Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 43.67

-0.3%

Dec 30 4:00 PM EST

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To: Kirk © who wrote (81335)	4/11/2013 10:47:15 AM
From: rdkflorida2	2 Recommendations Read Replies (1) of 207520

I have seen/heard SnP estimates as low as $98 and lately as high as $115 for this year. My K.I.S.S. system tells me the low for SnP at $98 X 15 Multiple is 1470, and $115 X 15 Multiple gets to 1725 for the high. When the meltup is in full swing the multiple could go to 20. I have a WAG out saying no correction beyond 5% to July 4th. After that a drop of 10-15%. I would be very happy with the bullish part of my K.I.S.S. system. RDK

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