Motorola Inc (NYSE: MOT) On The Edge Says Market Timer Frank Kollar

June 19, 2006 (FinancialWire) (By Frank Kollar)

Shares of Motorola Inc (NYSE: MOT) have been declining along with the rest of the financial markets these past weeks. But while the all the major stock indexes hit new highs in 2006, Motorola has not managed this feat since November 2005. Motorola, a provider of wireless, broadband and automotive communications technologies and embedded electronic products, been hurt by a weak technology sector and shares are now off 19% from those 2005 highs.

On Wednesday of last week, Motorola bounced off the 50% retracement level, at $19.67, of its entire April-November 2005 advance. This is a critical support for Motorola. If shares make a decisive close below $19.67 in the coming days or weeks, Motorola could drop quickly to at least $18.46.

Frank Kollar has been timing the financial markets since 1982, with online service since 1996. He is a dedicated trend timer and his strategies exited the markets before the crash in 1987 as well as the bear market in 2000 through 2002. During the 2000-2002 bear market, his bearish positions resulted in gains exceeding 100 percent, all achieved by trading trends.

Kollar’s research has shown that the financial markets are in tradable trends approximately 80 percent of the time. FibTimer strategies define trends and trade them in both advancing and declining markets. Caring nothing about what newscasters say or what the latest economic indicator predicts, trends are where the profits are, and that is where FibTimer is.

Kollar is editor and chief analyst at FibTimer.com (http://www.fibtimer.com) which offers market timing strategies for S&P and Nasdaq index fund traders, as well as bond, gold, small cap, sector, ETF and stock trading strategies.

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