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Strategies & Market Trends : 50% Gains Investing

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To: Cogito Ergo Sum who wrote (84470)11/24/2009 1:04:03 PM
From: Keith FeralRead Replies (1) of 118717
 
Oil is trading the complete opposite of the US dollar at the moment. It's going to be a battle to see if oil can find support at $75, which is pretty close to the 50 dma. OTOH, the UUP looks like it break above the 50 dma and head back to $24.

On the day, stocks are holding up relatively well down .5% with crude down 2%. I still sitting on cash to see how the riot develops.
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