Kazu
Full Member
***
Offline Offline

Activity: 168
Merit: 100


View Profile Personal Message (Offline)

Ignore
May 26, 2013, 07:29:37 PM

Based on Tony Coleby's chart, this is what I predict for the coming weeks:

(I drew the green, red and gray lines at the end)

I agree, but you seem to forget that we always overshoot. It will probably hit like $200, crash down to about $150, and then slowly converge. In other words, I like the shape of your graph, I just think the zig-zags are smaller than they will actually be.