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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?


To: Taro who wrote (2262)1/6/2007 7:39:07 AM
From: steve harris  Read Replies (1) | Respond to of 20435
 
Maybe you heard %55.

bloomberg.com



To: Taro who wrote (2262)1/6/2007 10:08:52 AM
From: Patrick Slevin  Read Replies (2) | Respond to of 20435
 
Futures hit 55 Dollars.



I doubt if that chart will post, it's from a private website. Anyway Crude was trading in the 40 dollar level two years ago, in the 20s in 2003.

From 1995 through 2002 it fluctuated between $10 and the mid to high $30s.

I don't know what the Cash Price is offhand but it could not have hot $45 yet. Perhaps that's the Carnival Barkers on CNBC predicting that.

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Motorola's troubles did not flow over to Ericcson I take it? Been thinking about doing pairs....not in Forex but in stocks.

You know Shorting a MOT while Long ERIC? Ever look at something like that? With the Market as high as it is it occurs to me that may be something to use as a hedge.

----

So AMPX is the new symbol? Is that like Ampex Tape company, the leader in 8-Tracks?



To: Taro who wrote (2262)1/6/2007 7:05:24 PM
From: Sr K  Read Replies (1) | Respond to of 20435
 
ERICY had a 1:10 Reverse Split.

NASDAQ
LM Ericsson Telephone – American Depositary Receipts (NASDAQ:

ERICY) Effective October 23, 2002, LM Ericsson Telephone ADRs (ERICY) will effect a 1 for 10 reverse split. Concurrent with the reverse split, the ADR ratio for ERICY will change from 1 ADR representing 1 ordinary share (1:1) to 1 ADR representing 10 ordinary shares (1:10). Members are advised that there is no corresponding recapitalization of the underlying ordinary shares in the local market.