GULF ISLAND FABRICATION (GIFI-Nasdaq): Technical Viewpoint: From a high of $39.92 on Sep 22, 2008 prices declined, reaching a low of $16.07 on Oct 10, 2008. A rally saw prices pull back, reaching a high of $23.75 on Oct 21, 2008. Another decline saw prices penetrate support, closing 10/24/08 at $16.28. Technicals: MACD Index (MACD): A Sell Alert! was given on Oct 24, 2008 when the solid line crossed the dotted line to the upside. Support: Remains at $16.07. Resistance: Is at $21.95. Point & Figure: Reversed to the downside on Oct 24, 2008. A P&F downside reversal takes place at $18.00. Summary: Technical indicators have turned bearish. SELL! Gulf Island Fabrication (GIFI-Nasdaq) @ $16.13 Stop: Use a protective stop of $17.63. Gulf Island Fabrication is currently trading @ $16.28 minus $3.79 on Oct 24, 2008. Price Objective: $11.00. Risk/Reward: $1.50 VS. $5.13. Today's Risk Reward Ratio: 3:1