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Friday, April 18, 2014

Friday

My last target price was a good call, and as I said the pattern appeared to be corrective.  Support has held and both the gray upward fork as well as the large blue fork are still in force.  1923-1933 has been my target price since April 3d. I'm still looking for 1923-1933.
But don't get me wrong, the bears will rip this market to shreds one day soon.  I don't like speculating on fundamentals, but I have an idea that the International Monetary Fund may cause the reversal.

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