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Long EOG At $100.50

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October 15, 2010 – Comments (0) | RELATED TICKERS: EOG

I sold my position in BE Aerospace (BEAV) this morning - kind of regretting it at this point as it has made a nice bounce since I sold it - but I can't think too long and hard about it. In its place, I picked up EOG Resources (EOG) at $100.50 off of the assumption of it breaking out here in the days ahead after consolidating near its highs. 

Here's my chart analysis on EOG.

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