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  • Monday, August 29, 2005

    News Trumps All!

    Oil made highs and is now trading off a bit.News will always trump any technical patterns. Right now the focus is on oil.Could be a bit whipsawish today.So far minor support in the SPU5 held at about 1202.00...Watch this level here.

    Not getting the follow thru on the short side yet...


    NEW short at 41.50 covered at 41.27 +.23


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