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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (17327)	12/1/2004 6:18:39 PM
From: CalculatedRisk	Respond to of 116555

OIL at $45.60. That is an impressive drop ... probably related to the nice build in heating oil inventories (a welcome development for our friends in the North East). I watched a little Kudlow this afternoon. I was pleased to learn that the "terrorist" premium in oil is also being reduced due to the excellent policies of Bush, and that the World economy is in perfect shape (also due to Bush) and that the market will now rally for the next 4 years. Whew, what a relief ...