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Tuesday, June 06, 2006

Update - DYN

DYN hit a high in the pre-market of $5.74 at 8:00am and drifted downward from that point where it opened at $5.63 after trading last night mostly around $5.75. The low for the day occurred at around 3pm and was $5.36. The low from the initial drop was $5.46 around 9:45am which is more accurately the Cramer effect drop. So from $5.74 to $5.46 represents a drop of 4.9%.



So...get ready for some gold stocks tonight on Cramer's show as he eluded to that being a topic last night. Up front, I'm not a big fan of shorting gold since its price is a big topic daily and would easily override the Cramer effect, but we will see what he has to say.

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