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Drop in crude makes it easier to buy? (It dropped 1 dollar)

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Drop in crude makes it easier to buy? (It dropped 1 dollar)

Unread postby jasonraymondson » Mon 12 May 2008, 11:40:12

$this->bbcode_second_pass_quote('', 'W')al-Mart Stores Inc., the world's biggest retailer, rallied the most in two weeks as a decline in crude leaves consumers with more money to spend. MBIA Inc., which reported its third consecutive quarterly loss, rose for the first time in four days after saying it has ``ample liquidity'' and won't have to raise more capital. Exxon Mobil Corp. and Chevron Corp. led energy shares lower, limiting the market's advance.



Do they mean crude prices or crude supplies.

And omg it dropped to a $125.00 (The peak is over)

Bloomberg is fucking retarded.

http://www.bloomberg.com/apps/news?pid= ... refer=home
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Re: Drop in crude makes it easier to buy? (It dropped 1 doll

Unread postby emersonbiggins » Mon 12 May 2008, 12:24:56

$125 oil won't be felt for a few more weeks. Maybe they're rallying on projected sales for the week after Memorial Day? :roll:
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