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Uraniums

from ChartWorks:: published by Institutional Advisors

Bob Hoye
Technical observations of RossClark@shaw.ca
October 22, 2006

The uranium sector continues to show signs of life. In the past few weeks most stocks put in higher lows than seen in the June to August period. This is in contrast to the oil and gas stocks that have recently made new lows for the year. As noted last week, this sector can be expected to do well in the fourth calendar quarter. For traders, risk should be controlled at the lows of the past month. On the upside, the following is a selected list of targeted resistance levels that could be attained in the next few months if the sector maintains its positive bias.

Bob Hoye
October 22, 2006

EMAIL:: bobhoye@institutionaladvisors.com
CHARTWORKS WEBSITE:: www.institutionaladvisors.com

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