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CORE FUTURES 101 First Avenue, Sand Point, Idaho (March 25, 2002) COFFEE: Coffee continued relaxed and prices are trying to consolidate above the 5100 cent area. We should continue to be range bound and are in the midst of forming a triangle. We should spend the week moving mostly sideways with a firmer bias. I believe we will have a hard time moving much higher than the last swing high. 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.
KCK 5200 & 5850
J. Mark Kinoff www.corefutures.com email: kinoff@corefutures.com
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