As long it is just opinion ... then:

CDNX

The first question should be how high will the CDNX go before we see a meaningful correction.

My guess is that it will be 400 to 600 points higher 4 to 6 weeks from now (2700 - 2900 / in May)

Then how low will the CDNX go. My guess is that it could drop as low as 2000 (even a bit below) before the subsequent correction ends (7 to 10 weeks later).

I am also assuming that the CDNX will make a new high (3400+) before the end of 2011 (or very early 2012). And that the CDNX will be up over 100% from currently levels within a year.

Silver will hit the $43 - 47 range before correcting back into the high 20's / low 30's (but it could be back to make new highs within a year)

Gold will finish the year withing spitting distance of 1700 (slightly above or below) but it should (at minimum) spike the 2000 level within a year.

Plexmar

The downside risk in PLE remains 8c (minus any momentary/daily noise from some marginal holder bailing at any cost). I am anticipating a re-tests the 13c zone before the end of May (based on news and market momentum) but there are no indication that will happen ... yet. The odds on expectation would be to re-level off at the 10-11c zone in anticipation of a re-test of the 13c level.

My target for PLE is an even 30c within 1 year. I would obviously like it be higher and sooner but 30c seems doable based on trends in the PM market and the prospects for PLE. Over a 1 year time frame there are definitely higher potential opportunities to invest money but on any longer time frame the risk reward on PLE seems very competitive.

I think that it would be a mistake not to have some representation from PLE in your portfolio ... it is just a question of the weighting (and waiting).

But as always ... it is just my opinion.

GLTA