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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (4329)10/8/2008 12:01:26 AM
From: Kevin Podsiadlik  Read Replies (1) | Respond to of 6370
 
I'm a little worried about China. Wasn't it supposed to be rampant development there that was responsible for the bulk of the move in oil up to $140+? Now oil is back down under $90. How'd that happen? Did China just put a stop to all that after the Olympics?



To: RockyBalboa who wrote (4329)10/8/2008 2:41:21 AM
From: RockyBalboa  Read Replies (1) | Respond to of 6370
 
China... the massacre continues. Options premiums are at nosebleed levels and predictably, the indices lost 3% more, with the hang seng down 1200 points.


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