how about $112 or $120...the bottom of the bullish flag is around $110 to $112...an overshoot would likely take us to $120ish...and with a high probability of a dramatic reversal.
Though these projections are indicated as an accellerated move on this chart, that is simply because the was not much space. It may take a while to move through these waves or it may happen really fast...but these are certainly some interesting points.
Real Estate Newsletter Articles this Week: Mortgage Delinquencies Increase,
Foreclosures Remain Low
-
At the Calculated Risk Real Estate Newsletter this week:
[image: Existing Home Sales]*Click on graph for larger image.*
• NAR: Existing-Home Sales Decrease...
4 hours ago