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9 pts

Opinion on  Nuveen Pennsylvania Dividend Advantage Municipal Fund (NXM)
OIL down inverse to NXM CME ICE up

Jul 27, 2008 04:11 PM GMT
Return Risk
-12.10% MID
Associate

CME NXM ICE pretty much match each other as oil drops ICE is the smallest value jumping inversly the greatest amount to the OIL Trend.

Call fall when heating oil will kick a little bit back up in winter but fall in spring THESE three may fall just before winter again, but raise on the oil fall for spring. The summer is to far away to see. Lets just get through the fall/winter first.


NXM:  This call was made on 07/27/08 @ $13.05
Rating:   Positive   $13.05 (07/27/08)
Closed:   08/12/2008 @ $12.64 (-3.14% in 16 days)
Target:   $90.00 (+589.66%) in < two weeks


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mstrans previously rated NXM
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