BOT Stock Discussion

I like this setup that C B O T Holdings (BOT) has assembled here over the last couple of weeks. Look at the support BOT has received from 20 DMA over the last several trading days, very interesting. Buypoint on BOT is when it breaks highs from 1/24 on high volume. Also make sure to take a look at Nasdaq (NDAQ), it had a great day today closing at $35 which isright near its 50 DMA, and may very well test $36 tomorrow. Shares of Intercontinentalexchange (ICE) have continued to run to new highs closing today at $148.05, but NYSE Group (NYX) has found itself in some trouble trading below its 50 DMA for the 4th consecutive day.

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2007-02-07 22:37:50

[…] Just took note of this after writing about C B O T Holdings (BOT), that the BOT and the Chicago Mercantile Exchange (CME) chart above look nearly identical. Same deal with CME gaining support from its 20 DMA over the last several trading days, and has put itself into position to potentially break past $596.30 territory. Keep an eye on both of these heavy recent heavy hitters and continue to watch the Financial Services Industry Group as a whole, it has done extremely well lately. […]

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