* Today's Sector Analysis: "Metals & Mining " Institutional Technical Viewpoint
Buy Alert! Qualcomm Inc  (QCOM): $47.13 Stop.  $45.13 P-Stop  $57.50 P-Objective
Dow Jones Ind: 12,986.80 minus -5.86 points May 16, 2008 * Price Objective: 13,675    Volume Two No. 2277

STEEL DYNAMICS INC (STLD-Nasdaq): Technical Viewpoint: From a low of $28.86 on Mar 10, 2008 prices rallied, reaching a high of $39.25 on Apr 22, 2008. A decline saw prices pull back, reaching a low of $32.70 on May 1, 2008. Another rally saw prices penetrate resistance, closing 5/16/08 at $37.92. Technicals: MACD Index (MACD): A Buy Alert! was given on May 15, 2008 when the solid line crossed the dotted line to the upside. Support: Remains at $34.00. Resistance: Is at $39.25. Point & Figure: Reversed to the upside on May 16, 2008. A P&F upside reversal takes place at $35.00. Summary: Technical indicators have turned bullish. BUY! STEEL DYNAMICS INC (STLD-Nasdaq) @ $38.13 Stop: Use a protective stop of $36.13. STEEL DYNAMICS INC is currently trading @ $37.92 plus $1.55 on May 16, 2008. Price Objective: $49.50. Risk/Reward: $2.00 VS. $11.37. Today's Risk Reward Ratio: 6:1


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