The Time Has Come For California Water Services
By New Low Observer:
California Water Services Group (CWT) has finally arrived at the point that we’ve anticipated for the last 2 years. On January 3, 2010, we submitted an investment observation that CWT would continue to trade in an established 6-year range that had been identified for at least 4 other periods. Just as a debrief, in the 2010 piece (found here), we said the following periods traded in 6-year ranges after breaking out of the previous range:
- 1976 to 1982
- 1985 to 1993
- 1993 to 1997
- 1997 to 2004
- 2005 to 2011
In a January 3, 2011 piece (found here), we reiterated our view on CWT by saying the following:“…based on cycle analysis, the prospects of CWT making a substantial move above the prior high would be between 2011 and 2012.”As we enter 2012, we’re of the view that this is the year that California Water Services Group will breakComplete Story »
- Original article
- Login or register to post comments

