“One day, we will have to stand before the God of history. And we will talk in terms of things we've done. And its seems to me that I can hear the God of history saying, 'That was not enough. For I was hungry, and you fed me not. I was naked, and you clothed me not. I was devoid of a decent sanitary house to live in, and you provided no shelter for me. And consequently, you cannot enter the kingdom of greatness.'" Martin Luther King
The updated chart shows the formation is still working. Depending on where we place any additional necklines the ultimate target can be significantly lower, on the order of 700 or less barring an exogenous event such as war or a more significant monetary inflation.
Original Chart Posted on 6 June 2008
