I agree binwood and I also think that our expectations are sometimes as confused as the indicators we rely on. The fact that we live in times that reflect past and present greed, mismanagement, political instability, etc etc etc. If there is one thing that indicates that we are going to witness higher gp, it is the gp chart.
It tells us that we have finally exited the bear market and that the bull market is only in its infancy.
As for a target price? I think it will rely more so, on the reactions of fear to the final realisation of the mess we face in the job of repairing, as well as the left wing events from desperation.
Anyway here's cheers to a bright and happy future.
Reminds me of nambo1's signature.
"Be generous in prosperity and thankful in adversity".
W
BDR Price at posting:
38.0¢ Sentiment: None Disclosure: Not Held