dow jones newswire commentary, page-2

good stock to hold...............mmm


1212 [Dow Jones] CSR (CSR.AU) down 0.8% at A$3.60, but looks well supported near the major pivot point at A$3.55, says Dow Jones technical analyst Dave Rogers. Break above A$3.67 should trigger a bounce to A$3.90, possibly A$4.00. Takeover speculation on CSR died down after some sobering broker research last month, but could remerge if CSR continues to underperform. Sugar prices should also get support from rising oil prices, potentially helping CSR. (DWR)