Beautifully drop as Fib prediction :
61.8% = 35 (can be, to hit the high 35c on 19/1/09)
With Chinese tight up bank loan plus DOW/XAO have run up too fast/too soon, I think the world stock market still fall further. If that happen MEO may drop back to 22c/22.5c = 78.6% retracement, to complete an inverted parabola.
I sit on my hands and wait for lower.
This is my guess only, can be wrong. Good luck to holders
Add to My Watchlist
What is My Watchlist?