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S&P 500
5,465.97
(
-0.06%
)
US TECH 100
19,214.40
(
0.20%
)
Dow Jones
39,162.46
(
0.13%
)
Brent Oil
84.49
(
0.36%
)
Bitcoin
61,341.23
(
-0.76%
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bbotcs

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bbotcs

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Saturday, 11/06/2010 10:45:31 AM

Saturday, November 06, 2010 10:45:31 AM

Post# of 17740
OT but relevant to us. My guru Richard Suttmeier thinks oil could go up another $10 a barrel. He's a pretty sharp guy and he predicted the banking/real estate crisis well before it happened.
He is a TA man, and oil prices have crossed his benchbanks. While I'm at it, he thinks we are 2/3rds of the way through a rally; the Dow Theory kicked in this week. Posted a really good quote from him about QE2 on the main VM board.

Another $10 a barrel is good for us, but I don't know what it will do to the consumer. Actually I do know.

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