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  • The SPDRs Are Crawling: A Sector Snapshot [View article]
    In re Ben Bernanke on the dollar today. He looked as if he'd been crying--or is heavily medicated (I'm completely serious). The markets are astonishing in re taking words to represent reality. The Fed is supporting the dollar? By doing what? Oh, more talking up the dollar.

    In re oil--since we're past peak and need more than is being produced, it's not likely to go down and stay down. U.S. consumption is no longer key. In fact, our consumption IS down, along with auto sales, bigtime--Ford and GM just came out with their figures.
    Jun 03 12:11 pm |Rating: 0 0 |Link to Comment
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