TRE, Sino Forest Corp. May 8, 2010

TRE MAY8 2010

This may be a good harbinger of what may happen in the not too distant future. This stock , like so many others (Open Text for instance) has had its technicals deteriorate for quite some time now, also it had reached and even marginally exceeded a logical (the top of wave b in an a-b-c that forms wave A). From here on a reasonable expectation may be that we are seeing a hugh formation forming in which the A and b legs are complete and now C has started. If this is correct expect the stock to trade at a few dollars sometime in 2011.