4/29/2011 1:05:43 PM - Holding its ground today, it gapped up on 4/28/11 for a considerable volume-driven gain and a new all-time high. Found support above its 50 DMA line during its consolidation since noted in the 4/05/11 mid-day report - "Healthy action has continued while leadership in the Oil and Gas - Machinery/Equipment group (L criteria) has helped since it appeared in the 1/27/11 mid-day report noted - 'Breaking out from a sound flat base with support at its 50 DMA line. There is no overhead supply to act as resistance. Recent quarterly results showed great earnings and sales increases versus the year ago period. Prior quarterly and annual earnings (A criteria) history is below guidelines.'"
4/28/2011 12:31:33 PM - Gapped up today for a considerable volume-driven gain and a new all-time high. Found support above its 50 DMA line during its consolidation since last noted in the 4/05/11 mid-day report - "Healthy action has continued while leadership in the Oil and Gas - Machinery/Equipment group (L criteria) has helped since it appeared in the 1/27/11 mid-day report noted - 'Breaking out from a sound flat base with support at its 50 DMA line. There is no overhead supply to act as resistance. Recent quarterly results showed great earnings and sales increases versus the year ago period. Prior quarterly and annual earnings (A criteria) history is below guidelines.'"
4/5/2011 12:18:42 PM - Pulling back today from the new all-time high hit on the prior session. The 3/17/11 mid-day report noted - "Healthy action has continued while leadership in the Oil and Gas - Machinery/Equipment group (L criteria) has helped since it appeared in the 1/27/11 mid-day report noted - 'Breaking out from a sound flat base with support at its 50 DMA line. There is no overhead supply to act as resistance. Recent quarterly results showed great earnings and sales increases versus the year ago period. Prior quarterly and annual earnings (A criteria) history is below guidelines.'"
3/17/2011 11:54:17 AM - Pulled back and found support at its 50 DMA line since last noted in the 3/07/11 mid-day report as it touched a new all-time high - "Healthy action has continued while leadership in the Oil and Gas - Machinery/Equipment group (L criteria) has helped since it appeared in the 1/27/11 mid-day report noted - 'Breaking out from a sound flat base with support at its 50 DMA line. There is no overhead supply to act as resistance. Recent quarterly results showed great earnings and sales increases versus the year ago period. Prior quarterly and annual earnings (A criteria) history is below guidelines.'"
3/7/2011 12:22:33 PM - Touched a new all-time high today. Healthy action has continued while leadership in the Oil and Gas - Machinery/Equipment group (L criteria) has helped since it appeared in the 1/27/11 mid-day report noted - "Breaking out from a sound flat base with support at its 50 DMA line. There is no overhead supply to act as resistance. Recent quarterly results showed great earnings and sales increases versus the year ago period. Prior quarterly and annual earnings (A criteria) history is below guidelines."
1/28/2011 12:39:50 PM - Up again today following a gap up for a new all-time high on the prior session. The 1/27/11 mid-day report noted - "Breaking out from a sound flat base with support at its 50 DMA line. There is no overhead supply to act as resistance. Recent quarterly results showed great earnings and sales increases versus the year ago period. Prior quarterly and annual earnings (A criteria) history is below guidelines."
1/27/2011 12:47:31 PM - Gapped up today for a new all-time high, breaking out from a sound flat base with support at its 50 DMA line. There is no overhead supply to act as resistance. Noted in prior mid-day reports - "Recent quarterly results showed great earnings and sales increases versus the year ago period. Prior quarterly and annual earnings (A criteria) history is below guidelines."
12/27/2010 12:27:47 PM - Perched near its all-time high, extended from any sound base, yet there is no overhead supply to act as resistance now. It endured distributional pressure after a recent analyst downgrade. It made meaningful price progress since noted in the 10/28/10 mid-day report - "Recent quarterly results showed great earnings and sales increases versus the year ago period. Prior quarterly and annual earnings (A criteria) history is below guidelines."
12/23/2010 1:08:41 PM - Rallying toward last week's all-time high, extended from any sound base. It endured distributional pressure after a recent analyst downgrade. There is no overhead supply to act as resistance now, and it has been making meaningful price progress since noted in the 10/28/10 mid-day report - "Recent quarterly results showed great earnings and sales increases versus the year ago period. Prior quarterly and annual earnings (A criteria) history is below guidelines."
12/2/2010 12:59:59 PM - Holding its ground stubbornly after recent gains to new all-time highs, extended from any sound base. There is no overhead supply to act as resistance. It has been making meaningful price progress since noted in the 10/28/10 mid-day report - "Recent quarterly results showed great earnings and sales increases versus the year ago period. Prior quarterly and annual earnings (A criteria) history is below guidelines."
11/24/2010 12:40:38 PM - Hit another new all-time high today, and there is no overhead supply to act as resistance. It has been making meaningful price progress since last noted in the 10/28/10 mid-day report. Recent quarterly results showed great earnings and sales increases versus the year ago period. Prior quarterly and annual earnings (A criteria) history is below guidelines.
10/28/2010 12:47:53 PM - Hovering near all-time highs, there is no overhead supply to act as resistance. It failed to make meaningful price progress since last noted in the 10/21/10 mid-day report, which may be considered a distributional characteristic. Recent quarterly results showed great earnings and sales increases versus the year ago period. Prior quarterly and annual earnings (A criteria) history is below guidelines.
10/21/2010 12:30:32 PM - Hitting new all-time highs today and on the prior session while it posted a big gain on heavy volume. Earnings news is due on 10/28/10. Its June 30, 2010 quarterly results showed great earnings and sales increases versus the year ago period. Prior quarterly and annual earnings history is below guidelines. Last noted in the 10/03/05 mid-day report.
10/3/2005 12:31:54 PM - As previously noted - Base questionable at this point. Was previuosly featured on 04/19/04 at $67.78.
9/30/2005 12:26:43 PM - As previously noted - Base questionable at this point. Was previuosly featured on 04/19/04 at $67.78.
9/20/2005 12:34:57 PM - Base questionable at this point. Was previuosly featured on 04/19/04 at $67.78
9/16/2005 12:38:58 PM - Base questionable at this point. Was previuosly featured on 04/19/04 at $67.78
8/15/2005 12:40:17 PM - Base questionable at this point. Was previuosly featured on 04/19/04 at $67.78
8/3/2005 12:25:35 PM - Too ET from a sound base of support at this point to be considered buyable under the guidelines. Was previuosly featured on 04/19/04 at $67.78
8/4/2004 1:00:00 PM - G - Best in pretty good group. Highly ranked by IBD. Decent base, Marked as noteworthy on 04/19/04 at $67.78
7/21/2004 1:00:00 PM - G - Best in pretty good group. Highly ranked by IBD. Decent base, Marked as noteworthy on 04/19/04 at $67.78
6/3/2004 1:00:00 PM - G - Best in good group. Highly ranked by IBD. Marked as noteworthy on 04/19/04 at $67.78