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To: Galirayo who wrote (121006)6/24/2005 1:58:40 PM
From: ajtj99  Respond to of 209892
 
Actually, 18.80 is a pivot high on CSCO as well as the anticipated rising support out of the April lows. It is also a test to see if there is overlap. Critical area.

As for oil, I think $62 is a lock already according to this bullish consolidation. It's getting near to the $63 area I've been waiting on for over a year, the target of a massive weekly inverse H&S formation.

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