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	<title>Comments on: Range-Trading ExxonMobil (NYSE:XOM)</title>
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		<title>By: joe</title>
		<link>http://www.contrarianprofits.com/articles/range-trading-exxonmobil-nysexom/13636/comment-page-1#comment-13915</link>
		<dc:creator>joe</dc:creator>
		<pubDate>Sat, 14 Feb 2009 21:07:48 +0000</pubDate>
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		<description>I don&#039;t think it&#039;s going to work this time. 
 
Have you seen earnings estimates and compared the valuation to exxon&#039;s competitors? 
 
Exxon HAD a rising wedge which is now gone. Rising wedges are bearish. 
 
I think it breaks thru the old range and when that happens, the door will be quite crowded when funds start to sell it off. </description>
		<content:encoded><![CDATA[<p>I don&#039;t think it&#039;s going to work this time. </p>
<p>Have you seen earnings estimates and compared the valuation to exxon&#039;s competitors? </p>
<p>Exxon HAD a rising wedge which is now gone. Rising wedges are bearish. </p>
<p>I think it breaks thru the old range and when that happens, the door will be quite crowded when funds start to sell it off.</p>
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