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Oil's nearly straight move down in the days and weeks prior to the announcement of the SPR...

Oil's nearly straight move down in the days and weeks prior to the announcement of the SPR release, followed by a straight line higher after, give the appearance the "market" knew what was coming. "Call me a cynic," writes Ross Clark, "but there appears ... money (was) made on inside information."
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Comments (4)
  • Tony Petroski
    , contributor
    Comments (6373) | Send Message
     
    The market action does have a cattle-futures whiff about it.
    6 Jul 2011, 03:50 PM Reply Like
  • boatman
    , contributor
    Comments (621) | Send Message
     
    yeah thinnnkk
    6 Jul 2011, 03:54 PM Reply Like
  • Rjjr38
    , contributor
    Comments (58) | Send Message
     
    Looks like there is a lot of it out there.
    6 Jul 2011, 03:54 PM Reply Like
  • 1980XLS
    , contributor
    Comments (3333) | Send Message
     
    Well,

     

    Congress and their staff are effectively exempt from insider trading.

     

    How's that for Hope and Change?

     

    And Obama says the Big Oil Companies are greedy.
    6 Jul 2011, 04:03 PM Reply Like
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