For the Week Ahead

PACT:

• Buy on any dips and hold till earnings release date, which I believe is gonna be during the last week of March. As I've said two weeks ago, I expect it to make new 52-week high by the end of the month.
• However, if it gaps up big one day during this period of time, I may decide to sell and buy back lower when it retraces.

ISON:

• Bought it at the bottom on Fri and I'm looking at high 3s to unload.
• http://biz.yahoo.com/bw/050311/115504_1.html
• http://finance.messages.yahoo.com/bbs?.mm=FN&action=
• m&board=8728828&tid=airt&sid=8728828&mid=24989

TASR:

• I'm interested in buying it at this support level 12.5 - 13.5 . From its historic chart patterns, I can see this support level has been strong for the past whole year. Every time it dropped to this level of support, it held and retraced. Thus I think this is a great and comfortable point to enter as a long either for swing trading or intermediate-term investing.
• http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=tasr&sid=0&o_symb=tasr&freq=1&time=9
• It is recommended as a long with price target of 22 in the following forbes article. I personally believe it will hit this target within 2 months at the latest.
• http://www.forbes.com/strategies/2005/03/04/
• cx_rm_0304maltbie.html?partner=yahoo&referrer=

CFCI:

• This chemical manufacturing company reported superior earnings growth for Q4 and Y2004 on Mar 1st. http://biz.yahoo.com/prnews/050301/cgtu071_1.html
• It is ranked #1 in IBD100 this week.
• I'd like to own it next week at a price as close to 20 as possible. If it gaps up big on Mon which is highly possible, I will wait for pull back and the right signal to jump in. My short term target for CFCI is 28-30.
• http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=cfci&sid=0&o_symb=cfci&freq=1&time=7

ABLE:

• I still believe crude oil futures will continue its strong momentum over the next few weeks and I'm looking at $58.5-$60/Barrel as the intermediate-term top.
• ABLE topped at 14.4 few days ago and formed this nice smooth pull back line with relatively small volume. http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=able&sid=0&o_symb=able&freq=7&time=18
• I expect it to outperform and maintain its upward momentum as long as crude futures stay above 50 mark. So my strategy for ABLE is to do some bottom fishing everyday next week and accumulate at these price levels (8-10). I believe 8-9 is the short-term bottom for this stock and any major bounce with large volume from this level will take it to 20+.

I will keep updating with new picks throughout the week. Stay tuned and Trade well next week!