so that's where we're headed now. bumpy consolidation into a final capitulation event, and then we can finally be done with the craziness of the December crash. however, if the bubble paradigm we've seen so many times before holds we will not see sub $450 and we will likely not see sub $600.
Arepo - excuse my wish for precise figures but can you please give me a target I can quote you on?
You know where I stand!
those are just lower bounds. i do have a much more specific target. i can answer the questions "What is the target price for capitulation? What is the expected timeframe? and What price action would invalidate this model?" if i can raise the bounty described in my previous post. i hope this arrangement seems reasonable. i really can't just go around posting my notes in their entirety on a public forum
forum members who are interested can feel free use this thread to make pledges so that a number of individuals can contribute small amounts but be confident that the bounty will be reached and the information will be released.
--arepo
I'm interested in your target price for capitulation. Would you say that the coming high volume capitulation would have us at lower lows?