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Monday, August 07, 2006

Technical review

Venture Corp

This counter is moving as forecast with first target around
$11.80. Technically, the bull has yet to end but the fed meeting
might cause turmoil if rates are raised.

Hyflux

This counter is still trapped waiting for a breakout. Depending on
tomorrow's result, a breakout might occur. If the price were to go
below the lowest based, exit is recommended. If a positive breakout
were to occur out of the triangle, ride the wave.

1 comment:

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