Since the last post, my prediction of Boeing rising from 64 to 68.75 occurred though it took about 3 weeks. It rose to about 73 and still has strength, but I am unsure of it's next move. QQQQ moved to 57 as I suggested. Next I am looking at CSX which has many technical factors (see chart) suggesting that it should go to around $73.50 with a few weeks. It's last trade was 69.70. March 70 call options now selling for around $1.90 should double. Buying the stock outright should result in around a 5% gain.
Sunday, February 6, 2011
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