I’ve already identified a big-picture target at $111, but for now let’s focus on the 94.51 target of the lesser pattern shown in the chart.  Since the geniuses on Wall Street seems to think too much bad news is never enough, the prospect of $4.00-a-gallon gasoline should of course be regarded as bullish — bullish enough, perhaps, to help push the Dow to 12000 early in 2011.