Iomega Corporation

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Tuesday, October 10, 2006

PRECIOUS METALS FUTURES UPDATE

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FUTURES UPDATE
Sideway trading yesterday amid controversy of the size of North Korea Nuclear test. We could see consolidation continue during the day.

If the Geopolitical news fades we should look for a test of $575 support. Silver also looks toppish around $11.50/60.

With NY Market being opened today, more Liqudity flowing in the market, should bring new trend, pushing the price out of the current tight range 576 - 581.

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