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Ace Hanlon

10/22/04 5:44 PM

#313787 RE: otraque #313738

The powers that be just hiked oil trading margin requirements for the second time this month. Obviously trying to knock down crude prices -- juicing the stock market and Bush's election chances.

This greatly increases the odds of a strong stock bounce Monday IMHO. But look out below if oil keeps climbing despite this latest attempt to halt the surge.