Big Rally for Vulcan Materials (NYSE: VMC) Says Market Timer Frank Kollar

May 20, 2008 (FinancialWire) (By Frank Kollar)

Shares of Vulcan Materials Inc (NYSE: VMC) jumped higher on Monday, May 19, after rising above short term resistance late last week.

Vulcan Materials has been testing lows at $60 a share since January of this year, and finally has begun a recovery in share prices after losing 50% of their value since June 2008.

Vulcan Materials will likely reach the initial target for this advance, at $92.98 a share, in short order. A close above that level would forecast a run to at least $100.72 a share, which is the Fib 61.8% retracement of the entire year long decline.

The Fibtimer.com (http://www.fibtimer.com) Stock Timing Strategy has a position in Vulcan Materials .

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.