djia ... 2 1 2011 ... the high, here, is 12k ... i've been predicting for two months that we're headed to 14k, at which point i expect to see some kind of reversal ... activity in the near term shows no sign of a reversal of the uptrend ... a slight pause is expected, and seems to be setting up now, but after that prices should continue upward ... sort of into mid-year ...
a larger reversal would cancel the 14k prediction, and 12k would become the new upper attractor ...
keep in mind: predictions are inherrently unreliable ... we're looking for specific situations in specific stocks - or in the market - that act as decision points,
as discussed previously ...
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