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Time To Sell

December 13, 2006

By Oxford Club

Time to Sell Key technical levels were reached in the iShares MSCI Malaysia Index Fund (AMEX: EWM) and Petrochina (NYSE: PTR).  While we are bullish longer term in both, the recent failure to breach technical resistance leads us to book our close for 20% profits in each of them.  We will reenter these stocks at a later date. ***Action [...]