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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 43.67-0.3%4:00 PM EST

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To: robert b furman who wrote (32929)9/28/2008 7:05:53 PM
From: da_cheif™  Read Replies (2) of 207509
 
another expected drag on oil prices is the expenses involved in bringing russia into the 21st century....they make nothing the world wants.....but they have oil.......and they will keep flooding the markets to keep their investment capital flowing......and this goes for the the mideast oil producers also......the lower the prices go the more they will have to sell to keep the cash flowing into those monster projects......there is a monster glut of oil on the markets.....loaded tankers are lounging around the oceans looking for takers........
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