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Politics : Sioux Nation
DJT 11.31+2.1%3:59 PM EST

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To: koan who wrote (203493)1/28/2011 2:49:02 PM
From: Wharf Rat  Read Replies (2) of 361448
 
Speculation, methinks behind possible disruptions when Saudi Arabia becomes Egypt. One thing is for sure...people will guess.

Oil below $86 amid weak indicators, earnings

That the U.S. economy, the world's biggest, continues to crawl was underlined by weak growth in durable goods orders for December and a rise in the number of Americans applying for unemployment benefits last week.
Meanwhile U.S. companies that are bellwethers for consumer spending reported disappointing earnings.

Oil May Rise to $90, Escaping ‘Bear Trap’: Technical Analysis

Oil is likely to rise to between $88 and $90 a barrel in the coming weeks and yesterday’s decline below a Bollinger Band support level may mislead investors into seeking an extended price drop, Cameron Hanover Inc. said.
theoildrum.com
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