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Re: pavement13 post# 27531

Tuesday, 11/11/2014 2:19:56 PM

Tuesday, November 11, 2014 2:19:56 PM

Post# of 30377
I agree also, it seems like a trend. Every time after the EIA report, PEIX moves up, followed by two mostly green day's, then on monday there seems to be some pressure down caused by profit taking, shorts and helped by the Oil price. That continues on Tuesday, starting with some upward and downward stretching exercises in the morning before moving further down and once it calmed down it moves up again setting up for the report the next day.

Tomorrow should show some red straight after the opening I think, but once it hits its low in 15-30 minutes, it start moving up again caused by people gambling on a good report and short before or around the time the report comes out, we might see some movement down, caused by some people trying to fool the market. After that it is clear blue skies and we are moving up.
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