Thursday, January 17, 2008


They provide construction and engineering to oil and gas, oil refining, chemical/petrochemical, pharmaceutical, environmental, power generation, and power plant operation and maintenance sectors worldwide.

Tim had this on his watchlist >2 weeks ago... it had a chance to turn around today, based on the candlestick. Itʻs 200MA is 119, however, itʻs august low was 95ish. So, thereʻs room to be sold.

On the other hand MON, i think is a solid company this year. but this was the first time it showed it can fall with the rest of the market. It broke itʻs 50dayMA and is headed after a the low 80ʻs

just look at the market as a whole and pick a pricey momentum stock... you can find these gems everywhere...

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