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Subject:  Re: Piercing Line Date:  10/17/2006  5:37 PM
Author:  eugene4059 Number:  205 of 211

VLO fill that gap ... waiting here for a bottoming candle or some other pattern for re-entry

Looks like VLO bounced off support within the window and closed at the same level as fridays lower shadow. In any event the bears win today. The weekly chart is more encouraging than the daily but I think it's going to be a long drawn out battle for VLO.

Good Trading
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