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Old 03-21-2008, 12:25 AM
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Crude Oil March 20

Looks pretty bullish to me. This dragonfly doji, or hammer (whatever) looks like some buyers came in around the $100 area which should now be support. I bought a few more calls this morning and I still think oil will retest the $110 area and eventually move higher. The lows of this hammer could still be tested, and it may not spring up next week - but I still think it's a bullish setup. Thoughts?


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