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Bildar
On May 16, Hal predicted a decline to a bottoming area of 7.5% to 8.5% off the highs, with a subsequent rally hitting 1449.
7/4/12
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Bildar
:
The sell off went a bit further, down to around 10% off the highs, so he missed that one. He has now come up with a new upside target.
7/4/12
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Bildar
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This one is just bit lower, 1432. As is typical, the path there is not likely to be a straight line.
7/4/12
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Bildar
:
Here's a link to the stocktalk with the prediction:
http://bit.ly/KTqPvz
7/4/12
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anonymous#12
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1432 as a intermediate term top or a blow off top?
7/4/12
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DaLatin
:
I remember that post ! I did some buying that day and made some good money. Don't know where my quetion went ?
7/4/12
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anonymous#12
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Well, I mean....what Hal sees as the top this year?
7/4/12
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Bildar
:
Anon: That is the minimum long term upside target. The expectation is that this will happen before the end of the year.
7/4/12
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Bildar
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But is not necessarily the anticipated ultimate ceiling for the year.
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anonymous#12
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Thanks, wish you a happy 4th of July.
7/4/12
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