I expected the DOW to retest 7500, but since Jim called for 18000, I thought, well, he knows more than I do. I think that he'll ultimately be right, but the path to 18000 DOW includes a trip to 7500 first, and 18000 comes much later.

I also thought, ya know, there might be a selloff in these gold stocks if they get treated as stocks, but was afraid to miss the gains if gold moved up strongly, which one can argue it should have done but for manipulation.

That's kind of important. But I do agree with JP about oil. It'll recover before you know it. It's interesting that John Murphy, who has written one of the best books on technical analysis, said that $40 is the low.

It's hard to imagine the Dow at 18000 and oil at $200, but maybe that will happen at some point.