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Gold/Mining/Energy : Big Dog's Boom Boom Room (Moderated) -- Ignore unavailable to you. Want to Upgrade?

To: RWS who wrote (32)4/18/2005 10:48:43 AM
From: kodiak_bull  Read Replies (1) | Respond to of 89
 
RWS,

The way I read the SU chart I have a hard time thinking it will retest overhead anything at 42~43.

To me this is a short term rally-in-a-downtrend play. My target would be 38.50 or so, immediate term, and then a curl back down, with strong support that will be tested at 35.40.

There is a trading channel available for SU below that support, where it spent a lot of time in 04: 31.50 ~ 35.40. This is where I think the intermediate term will take SU.

Kb


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