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Thursday, October 16, 2008

UPDATES ON OCT 16 2008

OCT 16 THURSDAY

SHORT TERM TREND : BEARISH

LONG TERM TREND : BEARISH

S1 RS 63.10 , S2 RS 61.70

R1 RS 65.60 , R2 RS 67.30

SELL AT RESISTENCE LEVELS.

Zinc was down $90 at $1,320.

Zinc has support at $ 1320 and $ 1500 .

It has created another fresh 2008 low.

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