Iomega Corporation

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Tuesday, October 31, 2006

SWING LOW - Confirming Uptrend in Gold - TECHNICAL

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New Low is Higher than the Previous Low,
We have seen a Swing Low.
Gold has crossed the technical Resistance Barriers, and is aiming for Upwards.

Our team forecasted earlier for a Reversal at 572, that reversal is completed, and Down push seems over, as more Buyer/Investors are coming on the table.

Looking at History, every 4th Qtr of the Year we have seen Solid Push, Nov - Dec, we are looking for a nice Solid Increase in Precious Metal Prices.

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