I know it doesn't feel like it.. but XLF is a blip away from printing a major top. This chart is a follow up on this one (Click Here) . There still could be another marginal high at around $16 in the short term, but make no mistake.. my target by the first quarter 2010 is $11 !! XLF will retrace 50% to the downside of this whole move up off the March lows. The weapon of mass destruction against XLF are the following : FAZ(Triple nuclear bomb) ,SKF(Double skud missile) and SEF(Simple machine gun) ! Choose your ammo !
