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Monday, August 15, 2005

XOI below 1000 again though barely. The up move in the oil stocks has been unrelenting lately but a correction to 950 would not a surprise.

Valero has a 1 dollar loss and is below all the support levels i follow. Still i think it should bottom in her soon.

GMR will go X-distribution next monday and the stock's been correcting lately. Could be another candidate for a bottom in the 35.50-36 area, No guarantees as always.

Can't find any real standouts on the upside.

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