Rait Financial Trust (RAS) NYSE 1/22/2007

[Harry Aloof]

From Wall Street Trader's Column

Rait Financial Trust (RAS) NYSE
Report No. 2207 Analysis by: Harry Aloof January 22, 2007

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 line "A",
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 downside 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