MCD, McDonalds, update March 2010

MCD March 2010

As mentione a few weeks ago, this stock should be shorted. In the meantime, and this has been so typical of the present market , the stock has done essentially nothing, staying suspended at these lofty levels. Anyway at $66 this one should be well done, both the RSI and the MACD are not confirming the latest attempts at marginally higher highs. Stay short.