CBOT Holdings (BOT) 7/9/07

[Harry Aloof]

From Wall Street Trader's Column

CBOT HOLDINGS INC (BOT-NYSE): Technical Viewpoint: From a low of $186.33 on May 24, 2007 prices rallied, reaching a high of $211.00 on Jun 21, 2007. A decline saw prices pull back, reaching a low of $198.50 on Jul 27, 2007. Another rally saw prices penetrate resistance line "A", closing 7/6/07 at $224.00. Technicals: MACD Index (MACD): A Buy Alert! was given on Jun 9, 2007 when the solid line crossed the dotted line to the upside. Support: Remains at $209.99. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on May 29, 2007. A P&F downside reversal takes place at $218.00. Summary: Technical indicators have turned bullish. BUY! CBOT HOLDINGS INC (BOT-NYSE) @ $226.50 Stop: Use a protective stop of $220.50. CBOT HOLDINGS INC is currently trading @ $224.00 plus $17.85 on Jul 6, 2007.

Price Objective: $275.00
Risk/Reward: $6.00 VS. $48.50
Today's Risk Reward Ratio: 8:1