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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 380.060.0%4:00 PM EST

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To: Giordano Bruno who wrote (86605)1/29/2012 9:17:56 PM
From: 2MAR$  Read Replies (1) of 218012
 
India really doesn't have a choice but not participate in the sanctions game , Iran is hurting but managed along with Nigeria to keep market on this alert driving prices higher to offset currency losses ....try not to get too immersed in specialized trading like Currency or Oil , the volitility is just too much . You just read the reports , news and try to chart as best you can in anticipating , but its for the experts ...for on the one hand you have the slow down in Euro consumption & Iran sanctions story and all the BS inbetween= insanity .

The game (for me) really was looking for stocks standing the highest chance for rebound during the summer fall swoons , knowing they would eventually get their rally and some of those were the fertilizers like CF POT mentioned that got tremendous boost from lowered Nat Gas prices & the glut .

Really beaten down stocks were the biggest gainers in the New Year as bounces were great , in the oil services sector RIG was great buy & hold after knocked down on BP spill risk but off this last bottoming now that judge has ruled BP owes them an indemnity from the original contracts got a great boost last thursday/friday but was already repairing off the bottoming at $38's

(HAL too )

Bounced to $52 in premarket friday , so proftaking was inevitable

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