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Wednesday, December 28, 2005

TRF - 122805

TRF was a rocket - I didn't trade it because the spread was too wide and I could not get the shares I wanted.

BUT, that doesn't mean we can't study it - after all, it was a textbook move off the opening low after a gap down (see chart below).

Look at the 15-minute chart, first bar hammer. And, answer the three questions.

I will post a chart or two tonight.

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