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To: Olu Emuleomo who wrote (21235)6/10/1999 3:51:00 PM
From: Steeny  Read Replies (1) | Respond to of 41369
 
This is only the second test of the 105 level. I too don't see the technical support here(other than being a recent low), but there seems to be psychological bases every $5. This is the level we were at before unemployment and then we rocketed to 120. I would think there is short covering again before the #, with some others expecting a repeat performance. Strong PPI-and 105 will fall. Flat- PPI range trade 105-115. Weak # will retest 120.