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Re: spencer_has_arrived post# 8476

Tuesday, 01/08/2008 3:24:34 PM

Tuesday, January 08, 2008 3:24:34 PM

Post# of 137480
CFC - MY analysis --- agree with you, a lot of dust still up on the air. No clear bottom here.

Based on chart reading

I do see a bounce for now.

1>
On weekly chart this is going to drop to maybe low $5's where starting next week I see it climbing for 2 weeks to high $7's or low $8's, then maybe continue its descend... who knows??

I do see a bounce though.

I made $1600 today on it, waiting for a re-entry later this week, below $5.50 then starts running on on Friday into next week...

http://stockcharts.com/h-sc/ui?s=CFC&p=W&yr=1&mn=0&dy=0&id=p08728447521


Daily chart- look at OCT NOV major drops, it bounced back..

I am buying 4000 shares under $5.50 this week

http://stockcharts.com/h-sc/ui?s=CFC&p=D&yr=0&mn=6&dy=0&id=p40345038908







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