Hamilton's E-Wave Analysis

SLF, Sunlife

slf aug 21 2013 b

Sunlife has almost retraced 62% for a second time, not good if you own it from >$50. But very good if you own it from 2001 when the company demutualized at about $10. A three-bagger in 13 years is , after all, a great investment. If EW shows the way things do not look that hot going forward. There are, as always, alternative more bullish possibilities, but this count as shown above looks to be the most plausible. A big C down should start soon.