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S&P 500
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US TECH 100
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0.15%
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Dow Jones
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skywalkin

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Alias Born 03/26/2004

skywalkin

Re: None

Thursday, 03/24/2005 7:13:06 PM

Thursday, March 24, 2005 7:13:06 PM

Post# of 369
By forcing a run on oil stocks with week after week of media gobble de gook, the oil sector got overplayed too fast. Oil does'nt normally peak until early to mid April. That false peak hurt, outside of the unforseen tragedy at that oil plant. The oil industry also plays their market with price and quota's IMO. When oil ran up to fast instead of the gradual increase, I believe it hurt world markets. The end of this article talks more about whats coming at the pumps. If you read carefully you will see they are basiclly saying regarding oil prices. That will protect future oil reserves later this year is IMO... as far as the oil price increases... let them run.

http://www.alertnet.org/thenews/newsdesk/SD142344.htm

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