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Archive for the ‘Dow Up and Crude Oil Up’ Category

Dow Up and Crude Oil Up

Weird combinations which I can’t find head or tail, the overall consensus was that the durable goods data aren’t as bad as expected but frankly speaking it really inside very good, a cold comfort especially with the Crude Oil above $130, these are issues which should make the Dow go Down, instead investors are comforting themselves that the durable goods data aren’t as bad and take the opportunity to drive up the indexes.   Frankly it is a very very volatile market, a pin drop will cause a change.

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