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rjn7 wrote:
> I want to track a few stocks and industry groups that might react strongly
> up or down if we start bombing Iraq. The oils should certainly be volatile.
> Any opinions?
> bob nelson
The news should only have a one to three day impact. Then things will tend
to go contrary.
For example, should peace break out in the Middle East, Crude Oil prices may
drop for one to three days and that should be a good buy point. Regardless of
news, Crude Oil may well have put in an important low yesterday morning. You
may remember that Crude was hitting 46 month lows yesterday morning and that
by the close it had a 88 point reversal to close 57 points higher.
Coincidentally, yesterday afternoon (2.18), from an Astrological point of
view, the Sun entered Pisces.
Pisces is the ruling sign for Crude Oil. Hmmmmmm?
Crudely,
Norman
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