Ragweed sees 100 by end of year and I think he is reasonable. I sold out this week at $96 as I think the ride will have the mandatory retrograde movement associated with all moves forward. I see a possible retrace below 90 before the run for 100 but "the Weed" discounts this possibility. He probably has more knowledge of the business model that me but I use a deductive approach and the historical behavior suggests to me MCD is more than do for some retrograde movement. Trust the weed as he has been on target recently. My thesis is based on that fact that a huge number of investors tend to pile into stocks when everyone is saying they are getting late to get in and that tends to signal the best time to begin to get out. The trick is to get out in stages just in case you are wrong. If MCD continues up I will risk a short position. Yes, I may get burned, but my deduction tools suggests this action is appropriate and I my historical success has been grounded in my faith in these tools. Good luck to "Weed" and the remaining longs. If the retrace occurs as indicated I will rejoin you around $90 - $93.
Was $96 a couple days ago. I honestly think it'll bounce back by friday, maybe even $97. At this point, I don't think it's worth holding beyond an additional three weeks. There are plenty of fish out there. I was hoping for $102, maybe $103--which I think may be realized at some point in December. No Thanks. I'll take my $97-$98/share and go elsewhere.