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Old 07-27-2010, 07:03 AM   #1
khosk
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Default Stock Market 7/27/10

Dupont blows away earnings and futures respond by rising. But I personally think the real story is oil as it floats closer to the price of 80 dollars. Over 80 and it could put a drag on the economy. With the recent rise, gas prices have started to rise again.
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Old 07-27-2010, 07:34 AM   #2
The Yancey
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Default Re: Stock Market 7/27/10

Agreed. Crude is sitting at $79 and looking for any excuse to jump. I would dearly love to find a way to take trading away from being rigged by speculators and returned to a supply-demand driven market.
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Old 07-27-2010, 08:23 AM   #3
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Default Re: Stock Market 7/27/10

I just now see that you took this out of the PF.(by the way, thanks for making that one private or invitation only. I rarely posted but it was a time toilet for me as I read the rediculosity).

My perspective on the markets is driven by bonds, Mortgage Backed Securities in particular. One of the sources i read often constantly reiterates this mantra, "it's a trader's world, we are just livin' in it". It has amazed me how often the market trades right on the technical lines.
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