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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: jim_p who wrote (21255)	8/26/2004 1:57:29 PM
From: kodiak_bull	Respond to of 23153

Jim, To me, CPN looks like it's tired of going down. What that translates into is the sellers are exhausted. A couple of indicators on TCNet have gone from bearish to neutral or better, but the stockcharts chart is showing a medium term double bottom look. stockcharts.com[h,a]daclyiay[pc20!c30!f][vc60][iut!Ub14!Uo14]&pref=G It's right below resistance (3.60) on a pattern that looks like it could power up and through. You can buy the Jan 06 2.50 calls for 1.65, 15 cents for the time value on the option. I dunno, a little bit of boredom setting in. Kb