Iomega Corporation

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Thursday, November 09, 2006

Crude Oil Update - Rallies upwards

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WTI Oil is with a bullish tone after breaking the $60.40 resistance acting as solid support,
now trading close to 61.00 resistance.
Next target is $62.00 zone if broken up could trigger a relief rally towards $64.00/65.00

Such Rally is Helping the Precious Metals.
However we saw some New Investment coming in from Big Fund managers as well.

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