RAIT FINANCIAL TRUST (RAS-NYSE): Technical Viewpoint: From a low of $29.34 on Oct 3, 2006 prices rallied, reaching a high of $35.15 on Dec 20, 2006. A decline saw prices pull back, reaching a low of $32.44 on Jan 5, 2007. Another rally saw prices penetrate resistance, closing 1/19/07 at $36.34. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jan 17, 2007 when the Histogram crossed the "0" line to the upside. Support: Remains at $35.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Mar 16, 2007. A P&F upside reversal takes place at $33.00. Summary: Technical indicators have turned bullish. BUY! RAIT FINANCIAL TRUST (RAS-NYSE) @ $36.50 Stop: Use a protective stop of $34.50. RAIT FINANCIAL TRUST is currently trading @ $36.34 plus $1.81 on Jan 19, 2007. Price Objective: $45.00. Risk/Reward: $2.00 VS. $8.50. Today's Risk Reward Ratio: 4:1