Charts for Bottom Breakout Message Board

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Strategies & Market Trends : Charts for Bottom Breakout

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To: xbrent who wrote (1611)	3/20/1998 11:56:00 AM
From: Ed Huang	Read Replies (1) of 3105

Xbrent, Thank you for the AIPN snapshot. I got the basic idea about the company now. In the crude oil price, it has dipped to 4 year low lately. 2 days ago oil price touched under $13, then quickly bounced back over $14. It's likely to pull back down and make a double bottoms, then move back up. Oil producing countries are losing a lot of profit with the current low price. I believe they will be able to come up with a production agreement soon, rather than deepen the price war. Let's see how the situation changes.

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