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Saturday, July 07, 2012 9:32:33 AM
This is the inverse of Oil. With the global slow down less oil needed. Oil prices are the true indicator of the global ecomony and the S&P does follow it Right now there is a disconnect between the two. I'm loading up on SCO and started a position in UVXY. Earnings Season is oging to tell all. Companies are already lowering their outlooks and market goes higher on QE3. QE doesn't slove a F-in thing. People bitch about the Germans, but they are doing it right. They keep their checkbook and debt in check and their unemployment is around 5%. Most Americans are responsible about their debt. We borrow what we can afford. Why can't our Gov do the same. The CEO from Honeywell was on CNBC and he said that he would claim BK of the US debt because he said there is no way possible to payoff the debt. He said that the debt is more then what the US takes in.
DOGMA
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