Thursday, October 9, 2008

UYG Update: UYG Price Target $5---- SKF EXPLODING!


8 comments:

Phantasmix said...

Stewie,
how do you get $5 from this chart? What lines do I have to draw to see it? :)

Thanks.

Stewie said...

top of the triangle is 24, the bottom of the triangle is 14. the difference is 10 pts. the breakdown point of the triangle is 15. substract 10 from 15 and you have $5 target. technical analysis 101 pretty much. no secret formula.

Phantasmix said...

Thank you, I didn't know the formula.

Jase said...

You're insane! What's next you're going to tell us that LEH will go bankrupt, FNM & FRE will be taken over by the feds and X will lose 75% in three months? Please, we're all much smarter than that!

Stewie said...

hahahaha. jase. this market feels like a sci-fi movie. expect anything.

loyal9 said...

Thanks for your ideas.So far you hit the nail in the head.I am just wondering if you are planning to offer any kind of advice or paid subscription because we enjoy your comments all the time.
Thanks again.

loyal9 said...

Thanks for your post.You hit the nail right in the head .I am wondering if you are planning to offer any kind of paid advice or some training on you tube.Thanks a lot.

Cliffynator said...

NO! FREE IS GOOD!
Besides, after the payouts Stewie has been making this week, I'm sure he'll be too busy taking over the world...

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