wow...., page-7

Actually, just checking the uranium chart, the pullback is now in its 10th month. A nice Fibonacci 8 month upleg followed by 13 month pullback (both Fib numbers) suggests March 2012 for pullback low. Perhaps late March as Wave 1 high was 15th Feb 2011. The Wave 1 range was 32.25. A Wave 2 often retraces to around the 76.4% level which is around $48. It often ticks a bit below so my uranium low price prediction of $46.50 fits here as well.

So there's my Wave 2 low prediction for spot uranium.

$46.50 in late March

Just my opinion so lets see how that goes.

El Capo