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DJIA: -206.48 NASD: -44.82 10-YR: -0.026
 
 
 
 
     
 
     

davemyers's Stock Forecast for ML CO CMN STK (MER)

Submitted by davemyers on Tue, 03/04/2008 - 14:48.

Stock

ML CO CMN STK (MER)

Target

From $48.64 to $40.00

Target Date

6/1/2008
Hit target on: March 17, 2008

Current Price

$48.48
Market Outlook: Bullish
Top 3 Stocks: F,GE,EDU
College: West Virginia University

Authority:
9.43 (?)

Thesis:

This is a technical play. After significant consolidation, I see MER breaking below $48 and beginning a strong move downwards.

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