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Re: 3xBuBu post# 27240

Saturday, 06/21/2008 11:00:35 PM

Saturday, June 21, 2008 11:00:35 PM

Post# of 72979
Hi OW, Fed would be holding the int rate with the recent oil price going parabolic. Oil future can be pushed around with only 25 billion which can be one big firm fund.

It is easy to push around the oil price, so the Fed is sitting tight.

The Ramifications for the US dollar after the Fed announcement is generally true.

There are charts showing USD vs the Fed action annotated on the chart somewhere. :)

Have a nice weekend



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