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01-31-07

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Two trades today. I missed the big move up this morning. I will put links to the charts later today. Chart 1 Took a long fter price failed to break prior low. Target set for a conservative 12571. Chart 2 Since price had a big move to 262% of initial range and had hit a big number (600) and had not closed above 600, I went short for a conservative target of a pullback to 38%. See Today’s Results

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