SLW update

slw sept 2012

See also previous 2 blogs. First recommended at $27.70. We are now approaching the target of $36 as expected in the previous update and are up about 30%. We would sell now. The $36 target represents a retracement of about 60+% of the $20 drop, and also coincides with the top chanel parallel line. We have no idea what to make of these ups and downs but given that the is, and has been for some time, overbought the next big move could well be down.