hi everyoneanalysts have predicted sp's as low as 76c and as...

hi everyone

analysts have predicted sp's as low as 76c and as high as 95 all the way up to 110 so guessing where this will go is pointless

It will be capped though prior to the meeting at whatever the biggest player wants the sp to stay at.

As a result we must look at where most are likely to enter the stock- no one will exit prior to the capitalk dispersal

so technical analysts have probably already entered with some more entering after a close above 80c

breakout was a close above 76c

so if we can get a close above 80c we should see new technical traders entering for a quick ina nd out trade boosting the sp

the day traders will only get on board if the daily rise is 10% or more so expect them to climb in once the momentum hots up

But lets not forget its still 3 weeks until the meeting so lets not too carried away too early

possibly an early run and then a consolidtaion will be seen around or just below 80c then a final surge just befor ethe meeting

I would expect a final sp of 95 -110 depending on how many dumb day traders get on board without knowing the fundamentals

The technical traders will probably do the best getting in at 80c and out at say 95-110

In any case good for those that have been holding for a while good luck everyone should be a fun month.


ps while the rest of the market is turning to crapola we are all smiles hehehe