The Dead Heat: MGM vs. LVS

08/19/08 04:30PM EDT
The Question here is which of these two charts looks worse? And I can't give you an answer... after dropping 9% and 11% today, respectively, they both look scary.

My partner, Todd Jordan, continues to be cautious on this group for structural reasons that you'll find on balance sheets, or Todd's portal.

KM
  • MGM broke my short term "Trade" support line of $30.23 today
  • LVS broke my short term "Trade" support line of $46.19 today
chart courtesy of stockcharts.com
chart courtesy of stockcharts.com
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