4 replies to this topic

[Russ]

Looks like a pullback first, maybe into weird wolly wednesday then more rally into June 27 plus or minus a day. This is pretty close to a couple of other estimates on this board, one based on cpi/ppi release and another on an interesting trendline projection on price - both around the summer solstice. So many powerful minds agreeing must be right!

Edited by Russ, 04 June 2007 - 04:02 PM.

[thespookyone]

Call me crazy, but wouldn't truly bad ppi and cpi numbers change that one trend line "just a bit"? Not that I see any inflation, of course

[Russ]

which trendline? there are 3 and I have many more on several other indices that are in agreement. actually it doesn't matter what the report says, indication is that the momentum of this run will terminate where the lines hit the zero line, nothing short of wwIII or a large meteor should stop it.

Edited by Russ, 04 June 2007 - 04:40 PM.

[bigtrader]

The rug will likely get pulled a few days earlier than this..

[Russ]

The rug will likely get pulled a few days earlier than this..

Based on what?