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Friday, October 31, 2008

UPDATES ON OCT 31 2008

OCT 31 FRIDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

STAY SHORT AT RESISTENCE.

Lead dropped, down 8.5 percent to a low of $1,445

before closing at $1,520 versus $1,580.

Analyst say it could test $ 1650 in the near term.

It has support at $ 1145 and resistence at $ 1650.


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