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S&P 500
6,967.38
(
1.18%
)
US TECH 100
25,174.80
(
1.94%
)
Dow Jones
48,535.99
(
0.66%
)
Brent Oil
92.35
(
-3.27%
)
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74,678.92
(
0.64%
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SantaCruz

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SantaCruz

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Re: Zeev Hed post# 100631

Wednesday, 04/23/2003 8:09:55 PM

Wednesday, April 23, 2003 8:09:55 PM

Post# of 704041
My uneducated guess is that we need oil to fall below $20 a barrel to really have a significant stimulus on the economy. $26 seems to be about the average price since the bubble burst in the stock market.


This graph is a little hard to read. Historical oil prices:

http://news.ft.com/servlet/ContentServer?pagename=FT.com/StoryFT/FullStory&c=StoryFT&cid=104...

ST: hibernating till Sept
IT: hibernating till Sept
LT: Bearish
It's over, yhoo said so.

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