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Wednesday, June 29, 2005 1:03:49 PM
We do have .047 and .042 and the prior lows.
On the 3 month chart if we draw a line linking the lows of .042, .047 and .052 then the lows are getting higher and this usually is a good indicator so if this support line does not hold or the bottom of the bollinger does not hold, then yes I will sell.
The last 2 trades are sells into .053 and 7 of the last 10 trades are now sells, so I am concerned, however it is lunch time.
Todays close will be very important.
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