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Monday, January 30, 2006

FEMO pulls back, MAUG starts back up

Well, as to be expected (FEMO) has finally leveled back down a bit to .035 which is still a nice way up from .018 when we started watching it. I believe this is a healthy correction. I didn't think we could see past .065 until we corrected a bit. And, while it's always a bit hard to take a big dip, I'm holding through this and waiting for a continued uptrend.

Then there's (MAUG) which is starting to show signs of strength again. It is coming off its correction. My goal is still around .18-.20 range in the short with (MAUG).

Terry
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