Carl, I am surprised to see that you have upped your estimate by only 30 points, from 1270 to 1300.
If we have just seen a major low, low enough to attract the attention of the newspapers for the "ignorant" masses, we should go up by a lot more. Or crash to hell, as soon as the banks discover that the masses are not so ignorant after all, and there is a world-wide bank run.
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Carl, I am surprised to see that you have upped your estimate by only 30 points, from 1270 to 1300.
If we have just seen a major low, low enough to attract the attention of the newspapers for the "ignorant" masses, we should go up by a lot more. Or crash to hell, as soon as the banks discover that the masses are not so ignorant after all, and there is a world-wide bank run.
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