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(March 18, 2002) COFFEE: Coffee continued to scream higher as the funds reversed their short positions. We should spend the week moving sideways to higher. I believe we will have a hard time moving much higher from here. If we were to close above 60-cents May, we could see 70-cents once again. For now we should see prices range bound between 5850 and 5250.

Key levels KCK 5200 & 5850
J. Mark Kinoff
www.corefutures.com
email: kinoff@corefutures.com

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