TLM update.

TLM feb 2012

F feb 2012

Talisman is following the script. No idea if it will continue, but for the moment this is a very good outcome. The chart below is that of Ford which had a similar pattern a few years ago, it runs from 07 to 09! We are presently in the b-wave of wave 5, itself an a-b-c. The c would be equal to the a at about $10. Wave 5 of the diagonal does not have to go to the boundary line, often it stops well short of that. Ford, of course went straight up to $19 after making the low of $1, Talisman will obviously not do as well as it is sitting higher up on the scale but $5 on $10 is still about 50%.