Tuesday, March 20, 2012

$CMI setup 20mar

have not been in this name for a while but still on watchlist. will be looking for a pullback to test the low from last week / 50day moving average near 115. if it hits that then would like to get credit put spread at/below the 200day near 100. not confident that premium will be good enough but will price it out then. setting alert and waiting