SPDR S&P 500 (SPY): Oil popped after the report @ 10:30: "A...

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learningboutinv

Re: GLENO34 post# 56474

Wednesday, 07/30/2008 10:44:21 AM

Wednesday, July 30, 2008 10:44:21 AM

Oil popped after the report @ 10:30: "According to the government's weekly energy report, crude inventories fell by 81,000 barrels in the week ended July 25, which is smaller than the expected decline of slighly more than a million barrels. Crude prices were down 0.9% at $121.30 just prior to the release."

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