You need to upgrade your Flash Player
Matthew Bunce profile image mbunce1

Matthew Bunce

$4.43
UNITED STATES
4/01/08
$1,857,467.81

6
04/01/08
51.1%
85.8%
Send Message

Stock Pick by Matthew Bunce

CME: The Next Google (chart wise)

Start trading CME with real money!

Rate Analysis
star star star star star
5 ratings
Posted 537 days ago on 6/01/08

CME will go UP
$600.00 on 9/01/08
$322.99 (-24.94% from time of market call)
$379.99 (-11.69%)
on 10/06/08

It is uncanny how close CME resembled Google just 2 months ago when google jumped 20% on earnings. Came off of its high around 700 just like CME, hovered below the 500 mark for a few weeks, then hits the bottom of the RSI at .80 around 430 just like google. I think we have a strong move back near the 600 level and def above 500 in the next 3 weeks before expiration. There is not one reason for this to be down almost 50% in the past few months. Take a look for yourself and you will see the resemblance. GLTA

Add a Comment

Comments

Posted 6/5/2008, 11:53 am

A little early on the bottom call here, but still great technicals. I bought on your reco at 391.

Posted 6/3/2008, 4:15 pm

Good analysis, only that this isn't Google.

Posted 6/2/2008, 1:41 pm

hi, i agree with you on your analyses i think we will end 08 at my target price of 505.00then upwards in the newt year.

Displaying 1 - 3 of 3
Subscribe to Stock Analyses Comments feed:


Make a suggestion for this page

Investing Channel Logo

Data powered by QuoteMedia (Terms of Use). Data delayed 15 minutes unless otherwise indicated.