Thursday, November 03, 2005

Chicago Merchantile Exchange A


You can find my previous posts on CME here , here , here and here . Above you will see an updated daily chart.

CME is getting closer to my bull market target of 410. Since I don't think the bull market is nearly over and since CME is one of the market's leaders I have to think that 410 is going to prove too conservative a target. I'll go a little bit further out on my favorite limb and guess that CME will hit 445 before the fireworks end.

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