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Strategies & Market Trends : The Swamp

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From: ItsAllCyclical7/23/2008 8:13:45 PM
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AEM missed after the bell, guided lower on production and said capital cost would be about 40% higher than expected. Will be watching how it reacts tomorrow closely.

Again given the steep rise in oil this quarter we probably won't get the all clear until more of the majors/leaders have reported. Going on vacation shortly and will miss all of Friday's action. Stopped out of GG trade at 40.8 for small loss. Probably could have stuck around, but don't want to think about much except for golf. Will be playing 8 days straight.

Did start to accumulate a small amount of SKF as the risk/reward is looking decent ST.

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