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Thursday, October 15, 2009

Thursday Update

Here is a nice post by Todd on the action today!

USO has been on a rip tearing, snorting bull run for the last three weeks, but is looking very top heavy and might be close to finishing this run, showing a bearish ascending wedge, with a quick blow-over top on heavy volume, and all the indicators close to peaking, but not quite yet rolling over. Still a little room left to run.

How about a little bear candy before the bell rings!!

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