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Thursday, May 15, 2008

PDO


This tried to set up a base, but it was very short and not very deep. I haven't looked but I suspect this just reported earnings, and as it is in the Oil & Gas-US Expl Pro industry group, it is participating in that group's good fortunes. It is nw very extended and may be subject to high volatility here, but sharp pullbacks could lead to very big bounces up.

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