Well with the Nasdaq up over 50 points, I wouldn't be buying CCME right here without news of some kind. What happens if the market decides to go down tomorrow ? How will traders and investors react ? I don't want any part of that except for a quick buck here and there ......
"Today CCME seems to found at least a near term foothold in the 16.40 area, doesn't look like a conviction one direction or another to me today. I stayed in."