Thursday, March 6, 2008

SOLF: Parabolic Rally...Parabolic Return




(Click On Charts To Enlarge)




"Based on the current BID...ASK, the November, 2007 gap target of 11.98 will get MADE at the open. SOLF now is down 70% from its January 3, 2008 high. The Ascending Triangle target of 10.99 still is IN PLAY, but "take at least 'some' profits when targets get MADE (11.98)."




The Ascending Triangle target of 10.99 just MADE. Nice ride down from the high 30's in early January. Over 70%.

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