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Date: 05/25/2008 

Symbol: MDC

Sector: Industrial Goods

Industry: Residential Construction

Entry price: above $46.17

Stop price:  under $43.12

Target area: $55-56 areas

Chart explanation:  

After weekly downtrend, MDC consolidate and forming reversal pattern. On the weekly chart consolidate under 100sma resistance area and I will look for breakout and for move in to 200sma resistance area. It can turn to position trade. For stop I will use 10sma. We want see strong breakout with higher volume what will be indicator for buying interest.  First resistance will be $50 as number and previous high and in breakout possibility we will see behavior at that area. Note that action can be whippy so we need to use proper stop. For start will be under last week bar.

Kind regards

Ivica Juracic

ivica@ivicacharts.com

Open – closed trades

symbol	L/S	date entry	entry	stop	trailing stop	target area	close	Next Earnings date	exit price	exit date	% result	result	risk/    reward
ARM	L	01/23/2008	10.48	10.20	11.87	13.00	12.15	Jan 29	11.95	01/24/2008	14.03	1.47	5.25
DAL	L	01/28/2008	16.55	15.50	17.50	open (20)	18.49		18.00	02/04/2008	8.76	1.45	1.38
SNCR	S	02/20/2008	18.30	19.50	16.82	15.00	16.08	Apr 24	15.25	03/04/2008	16.67	3.05	2.54
DAKT	S	03/03/2008	16.95	17.50		15.00			16.33	03/05/2008	3.66	0.62	1.13
RKT	L	03/24/2008	30.73	29.50	30.00	35.00	30.26	Apr 24	29.95	03/31/2008	-2.54	-0.78
MTRX	S	04/02/2007	17.05	17.89		15.00			15.25	034/03/2008	10.56	1.80	2.14
VUG	L	04/28/2008	62.18	60.83	62.45	65-66	62.45	-	62.95	05/02/2008	1.24	0.77	0.57

TRADING PLAN

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