Friday, February 1, 2008

CSC MAKES A TEXTBOOK PULLBACK

CSC MADE ABOUT AS CLOSE TO A TEXTBOOK MOVE BACK TO THE NECKLINE AND BOUNCE ON MUCH LIGHTER VOLUME.

THIS CLEARS THE WAY FOR HIGHER PRICES.

USE JUST UNDER THE NECKLINE ON A CLOSING BASIS AS YOUR STOP LOSS AREA.

THE MARCH CALL OPTIONS ARE ALL FAIRLY PRICED SO NO PROBLEMS WITH OVERPAYING.

WE ARE GOING TO PICK UP THE MARCH 42.5 CALLS, CURRENTLY 2.05/2.15.

MINIMUM TARGET FOR CSC IS $46.


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