ACN beat earnings estimate and made a big one day gain. I was keeping an eye on this stock a month ago, but the volatility just kept me out of the options market.
If you like consulting names, there is another opportunity in IBM. Right now it is forming a rising wedge, its daily volatility is still at its all time high. If you like this stock, do buy on Dips.
Next earnings is in 16 Oct, 2008.
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