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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Vendit™ who wrote (7729)	4/13/2005 8:16:11 AM
From: Walkingshadow	of 8752

At the moment (90 minutes before the open), oil continues to fall, and is close to $51. The "sigh of relief" evidently was an ultra-rapid sigh, since index futures are currently trading down, and indicate a modest gap down at the open. However, in 30 minutes there are several important economic reports released. If these deviate from expectations, that will have to be discounted by the market. At 8:30 ET, March Retail Sales (consensus +0.8%) and Retail Sales ex-auto (consensus +0.5%) will be released, and will be closely watched. The market's interpretation will be rapidly reflected in the futures markets. T

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