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Wednesday, June 20, 2007

Petroch

I just realized that Petroch is also listed in the NYSE as PTR. Anyway, it has broken new high in HK and NY. Petroch-C1 chart shows that a possible uptrend in the making. That's why I have added another position. Anyhow, just found out the "reason" for the surge. So, my oil play has also become a China play.

All time frame chart for Petroch is at the overbought position now.

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