WFI, Waterfurnace update

wfi dec 7 2012wfi dec 17 2013

The usual then and now charts, then being a year ago (Dec 7, 2012). It was indeed a buy and it did double from that point. It has gone up in 5-waves and therefore should drop , at least, to about $20. After that it remains to be seen if a new bull market had started –possible a wave 5 if we got the count wrong – or part of a complex correction. We have no idea and are therefore out.