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Monday, August 18, 2008 12:26:09 AM
$UTIL
"One big break we're all waiting for, of course, is the $UTIL, whose plunge will correspond to higher interest rates and a stronger dollar. We're right on the cusp. A push above the $477 zone would put this pattern into some doubt, whereas a drop beneath $458 would start the fire. This is, I say again, one of the cleanest, finest patterns I have ever witnessed as a chartist."
--Tim Knight
ONLY PRICE PAYS
"One big break we're all waiting for, of course, is the $UTIL, whose plunge will correspond to higher interest rates and a stronger dollar. We're right on the cusp. A push above the $477 zone would put this pattern into some doubt, whereas a drop beneath $458 would start the fire. This is, I say again, one of the cleanest, finest patterns I have ever witnessed as a chartist."
--Tim Knight
ONLY PRICE PAYS
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