May 13, 2009 (FinancialWire) (By Frank Kollar) — Shares of the Moodys Corp (NYSE: MCO) have risen some 87% since their bear market lows were reached in November 2008 and then successfully retested in March 2009.

After closing above the 50% retracement of their 2007-2008 declines, Moodys climbed to $31.79 a week ago, just short of critical 61.8% Fib resistance at $32.54. Moodys has traded sideways since, but with substantial volatility suggesting there is a great deal of uncertainty that this stock can continue to gain without at least a correction from current levels.

Should shares close above $32.54 in coming days, they will likely make a run for their August 2008 rally highs at around $42.00 a share.

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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