Time 11:56

Stock: MELI, GLW

MELI: Major breakout on the 60 min. with hugh alligator. We need to addto the position at the close to bring it up to full position. The stock had a nice consolidation off of the last run and had its 1st pullback to the 20 day which usually gives the last good buying opportunity of the current move. The company announces EPS on May 8th

GLW: What a great weekly cup with handle. Combine that C&H with 4 quarters of accelerating growth and you have the making of a great momentum stock. The S/D rating is 41 s othere is no need to be aggressive on the stock it should be a slow mover but good if the market continues higher. This is what we would expect with a big market type stock. But on pullbacks.