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Strategies & Market Trends : Classic TA Workplace

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To: Galirayo who wrote (137912)	10/25/2006 12:59:22 PM
From: stkboy1	Read Replies (2) of 209892

mptrader.com Wed Oct 25th 2006 The XLE has continued its upside surge to 57 this morning off of Monday’s pullback low and pivot at 54.07. My optimal "next" target zone is 57.00/.40, but my near-term work supports a move to 58.20/50 as well. At this juncture only a reversal and close beneath today’s low at 55.46 will compromise upside continuation.

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