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Thursday, August 28, 2008

UPDATES ON AUG 28 2008

AUG 28 THURSDAY

SHORT TERM TREND : BULLISH

LONG TERM TREND : BEARISH

S1 RS 370 , S2 RS 367

R1 RS 378 , R2 RS 383

STAY LONG.

Gasoline inventories are projected to fall

2.9 million barrels , a fifth straight weekly

decline , as refiners were seen drawing down

inventories of summer grade gasoline.

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