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Strategies & Market Trends : Guidance and Visibility
AAPL 275.92-0.2%Feb 5 3:59 PM EST

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To: SpinCity1 who wrote (19859)10/3/2001 12:49:07 PM
From: KevinMark  Read Replies (1) of 208838
 
Donna, I think it's even funnier that the SEC is looking to relax the uptick rule regarding shorting. What does that tell you?

Regarding shorting scams, it's obvious OPEC can manipulate our markets anyway they choose by simply raising oil prices for sustained levels like they did last year to $44/barrel then dropping them to recent lows of $18 to control energy cost on companies bottom lines. Hell, even the power companies got into the mix last year, when they gauged customers by charging some in excess of 400-600%. There is strong evidence that some energy companies may have colluded.

I find it interesting OPEC is NOT willing to cut production at these levels. Hmmmmmm...makes you wonder why they wouldn't???

KM
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