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Old 06-10-2008, 03:21 PM   #899
wouwou
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Join Date: Nov 2005
Location: Vancouver
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BTW, that's your take on GG?

I bought at 35, sold at 43. I am tempted to get in again after the adjustment these 2 weeks. Dividends and no hedge = win.

IMO last week's one day $10 dolalr surge on oil future was a market player's reaction from the drop, with the news today(Increased daily production, lower demand forecase), I expect (and hope) the oil future retreat back to $115 level before going up again.

Future has become a speculative tool instead of a hedge tool, which made it very difficult to do trend analyze, sadly.
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