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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: cyesp who wrote (113562)11/14/2008 6:44:50 PM
From: Q81 Recommendation  Respond to of 206178
 
Oil Bear Markets
For those interested, the current 53% decline in oil without a 20% rally is by far the biggest drop the commodity has seen since we have daily pricing for going back to 1986. And this decline was preceded by a 37% drop from July 3rd to September 16th (the commodity had a 20%+ rally from 9/16 to 9/22). The total drop for oil since its peak on July 3rd now stands at 61.34%. The current environment is one where many records have been broken, and oil's record fall is just one of them.

CY.. will do.. sorry will try to be clearer next time I post..