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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Gersh Avery who wrote (6610)	3/17/2005 10:38:48 AM
From: Walkingshadow	Read Replies (1) of 8752

This is not good for QQQQ's short-term future... oil futures are hitting new and improved all-time highs above $57 now. We are starting to get within shooting distance of the all-time inflation-adjusted highs of the oil shock era in the early 1970s, which were $70/barrel: futuresource.com Sustained inflation worries might just be the thing that weighs heavily enough on the market to bring QQQQ down below the 200 sma and the January lows. All it would take would be some Greenspeak rumblings. T

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