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Tuesday, 10/04/2005 1:08:48 PM

Tuesday, October 04, 2005 1:08:48 PM

Post# of 173790
Someone gets paid to write this stuff!

Do any of you guys laugh out loud when you read headlines like this:

"Stocks Move Higher As a Sharp Drop in Oil Prices Encourages Buying on Wall Street"


"NEW YORK (AP) -- A sharp drop in oil prices encouraged buying Tuesday on Wall Street, with stocks rising even as a number of companies warned of profit shortfalls and higher costs, some of which could be passed on to consumers.

Investors welcomed the latest drop in crude futures after the government said it could release heating oil reserves to help combat higher heating prices as winter approaches. A barrel of light crude was quoted at $63.25, down $2.22, on the New York Mercantile Exchange."

Is a drop of $2.22 to $63.25 a SHARP drop? Unbelievable that someone gets paid for a headline like that!

Full story: http://biz.yahoo.com/ap/051004/wall_street.html?.v=13

Sheesh.

Kipp

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