Then and now, then is just 2 weeks ago. That is a 10% gain but there should be a lot more coming.
P.S. I am talking from the perspective of the short!
Month: April 2014
SU update
Here we have the usual “then and now” charts; then was in Sept 2012! You will see that the rough target of about $38 may actually be correct if the stock tops here. The timing is way off. This is an a-b-c, the only question being how big the b actually is. At this point that matters little as either way the structure looks complete. A sell.
DJIA update (if you want to be bullish)
This is a possible count that might fit a short term bullish scenario. Anything is, after all, possible in a world where already 30 trillion + has been thrown into the Keyensian bonfire. Goes against our grain.
AC.A update
If you did go long as per our blog of a week ago, we suggest getting out now. This is give or take a 40% gain on a stock you do not want to own, period.