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Friday, June 09, 2006


Thunderstorms in the Western Caribbean are trying to organize into the seasons first tropical depression. The latest here from the National Hurricane Center.

Short term traders might want to look a Crosstex (XTXI) as perhaps needing a correction here. 83-85 is solid support imho and may be a good place to accumulate shares. It has to get there first but the chart looks a little toppy short term.

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