* Today's Sector Analysis: "Wholesale " Institutional Technical Viewpoint
Buy Alert! Goodrich Petrol Corp  (GDP): $43.13 Stop.  $41.13 P-Stop  $52.50 P-Objective
Dow Jones Ind: 12,638.32 minus 7.90 points May 30, 2008 * Price Objective: 12,050    Volume Two No. 2279

ENERGY CONVERSN DEVICES (ENER-Nasdaq): Technical Viewpoint: From a low of $34.02 on May 7, 2008 prices rallied, reaching a high of $58.69 on May 19, 2008. A decline saw prices pull back, reaching a low of $51.25 on May 22, 2008. Another rally saw prices penetrate resistance, closing 5/30/08 at $63.48. Technicals: MACD Index (MACD): A Buy Alert! was given on May 30, 2008 when the solid line crossed the dotted line to the upside. Support: Remains at $. Resistance: Is at $. Point & Figure: Reversed to the upside on May 23, 2008. A P&F upside reversal takes place at $61.00. Summary: Technical indicators have turned bullish. BUY! ENERGY CONVERSN DEVICES (ENER-Nasdaq) @ $64.63 Stop: Use a protective stop of $62.13. ENERGY CONVERSN DEVICES is currently trading @ $63.48 plus $8.78 on May 30, 2008. Price Objective: $79.50. Risk/Reward: $2.50 VS. $14.87. Today's Risk Reward Ratio: 6:1


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