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The Wawh

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The Wawh

Re: The Wawh post# 2397

Friday, 08/12/2005 9:56:03 AM

Friday, August 12, 2005 9:56:03 AM

Post# of 3023
STUOF Week chart analysis (32)

First we might want to look at the 3-year monthly chart. This can show us the long term up and down trends. The downtrend since 2003 lies this week around 0.70.

This year’s weekly charts downtrend lies at 0.42 and does, together with a former bottom line, form a double resistance. If we are able to break trough both of them at this weeks close, we might go to the upper Bollinger Band at 0.48.

We will wait and see …

Next time a longer update …


For PDF and graphics: http://finance.groups.yahoo.com/group/stuof/

The WAWH

Felix qui potuit rerum cognoscere causas (Vergilius, Georgica 2, 490)

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