It looks like we aren't repeating either one.
Looks like you're speaking too soon.
Topic: We are repeating 2012, not 2011 - page 3. (Read 5332 times)
Looks like you're speaking too soon.
It looks like we aren't repeating either one.
If that pattern repeats price should go to $300-$500 in 2.5 months time.
Results in the past give no guarantee for the future. Sometimes they give indications though 
Similarties to the past occure in every stock in future, but they are not the same. Its even more possible that we see a downward for 1-2 months. In September markets tend to fall in generall, well 2013 not because we have the FED flooding dollars. In theory of Kostolanys egg we should see a rise in price in October.
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It's all fun and games until somebody loses an eye
Looking at the price graph, I say the price movements this year much more closely resemble the rise in 2012 than they do the rise in 2011.
In 2011 the peak was followed by a downward slide. In 2012, the peak was followed by a nearly flat plateau. Now that we are a couple months past the peak in 2013, it looks like we are forming a plateau. I suspect we will never drop below 100 again.
Since there was a larger rise this time than in 2012, there could be a much longer plateau before we start rising again. So we will start to see the price rising slowly over the next 6 months to a year, and the price will noticeably take off sometime in late 2014 or even 2015.
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