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ZOLL recap

February 12, 2008

Sorry I’ve been M.I.A. for so long. Life just seems to get in the way sometimes.
I’m currently out in WA singing Colline in La Boheme with Skagit Opera. Opened this past weekend and it went well with very enthusiastic audience responses.

I’ve been meaning to bring attention to ZOLL as it went right ahead and followed my forecast without me in it. Ugh! Here’s a link to the page where I laid out the trade as I took it. I entered on the day highlighted below and got stopped out on the gap the very next day. As explained in the other post, I wasn’t confident enough to get back in. I wonder if any readers of this blog did?
In any case, it went through the 24.50 level with little difficulty and eventually hit the target at 27 in not too long at all. Obviously, 27 is now the magic level to break and hold. After that happens, I’d look to 35 as an intermediate term target.
It never ceases to amaze me how the use of technical analysis can help make accurate predictions.

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