It's recent shape it's clearly parabolic. Fundamentals are weak to support an accelerating price increase. Fundamentals MIGHT support an steady or decelerating momentum, but not acceleration. Volume is low. Institutional participation is low.
think of what the world will be like in 50 years, and invest in the companies that will get us there today.
amen The Naz suffered a significant body blow in April 2000. I doubt that it will recover soon, much less be parabolic