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It bounced off the critical uptrending support line.

 

If they can't bust it down then it's got to go up...

 

Tense moments for you who have put your money on the line.

 

The risk reward right here is just awesome... Break the uptrendline and you're out.

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SAN FRANCISCO (CBS.MW) -- November crude is up 92 cents at $28.05 per barrel in New York, its highest level in over a week after OPEC unexpectedly agreed to shave its output ceiling by 900,000 barrels to 24.5 million barrels per day. The move comes as a complete surprise to the oil markets. Cartel ministers were expected to keep their output ceiling unchanged at 25.4 million barrels per day, excluding Iraq. It's a "shocking and yet disturbing decision" from oil-producing cartel, said John Person, head financial anal cyst at Infinity Brokerage Services.

 

After Snowman announces to the world that the dollar is going to be devalued, what the hell did they expect? Did anybody keep the minutes of the last meeting in 1973?

 

Cause and effect ... still considered an 'urban myth' in the halls of government ...

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SAN FRANCISCO (CBS.MW) -- November crude is up 92 cents at $28.05 per barrel in New York, its highest level in over a week after OPEC unexpectedly agreed to shave its output ceiling by 900,000 barrels to 24.5 million barrels per day. The move comes as a complete surprise to the oil markets. Cartel ministers were expected to keep their output ceiling unchanged at 25.4 million barrels per day, excluding Iraq. It's a "shocking and yet disturbing decision" from oil-producing cartel, said John Person, head financial anal cyst at Infinity Brokerage Services.

 

After Snowman announces to the world that the dollar is going to be devalued, what the hell did they expect? Did anybody keep the minutes of the last meeting in 1973?

 

Cause and effect ... still considered an 'urban myth' in the halls of government ...

Well I found out why there was such a huge surge in demand for jet fuel over the last 2 weeks... Our major customer (Delta) has the price pegged to crude. Now it makes sense :rolleyes:

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SAN FRANCISCO (CBS.MW) -- November crude is up 92 cents at $28.05 per barrel in New York, its highest level in over a week after OPEC unexpectedly agreed to shave its output ceiling by 900,000 barrels to 24.5 million barrels per day. The move comes as a complete surprise to the oil markets. Cartel ministers were expected to keep their output ceiling unchanged at 25.4 million barrels per day, excluding Iraq. It's a "shocking and yet disturbing decision" from oil-producing cartel, said John Person, head financial anal cyst at Infinity Brokerage Services.

 

After Snowman announces to the world that the dollar is going to be devalued, what the hell did they expect? Did anybody keep the minutes of the last meeting in 1973?

 

Cause and effect ... still considered an 'urban myth' in the halls of government ...

maybe they know they don't have the oil supply to sell anyway...Yobob??

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From this mornings NYTimes. To see the whole article, click the site below but, if you are not registered at the site you will have to. It's free.

 

Yes, I'm a bit obsessed with this Dick Asshole stuff but, this hole affair gives one a real, factual understanding of who the crooks are and how they work. Sort of like when one turns on a bright light in a cellar you get to see all the waterbugs and watch them scurrying around to get back under cover.

 

Consultant to Grasso on Pay Is Also Adviser to Exchange

By LANDON THOMAS Jr.

 

 

A powerful Wall Street lawyer who defended Richard A. Grasso's initial plan to take $48 million in future payments is also helping to prepare a crucial report about how the New York Stock Exchange needs to revamp its corporate governance practices.

 

Martin Lipton, a founding partner of Wachtell, Lipton, Rosen & Katz, has worn a number of different hats as the opposition to Mr. Grasso's $139.5 million pay package has built over the last month: chairman of the exchange's legal advisory committee, chief counsel to the corporate governance committee, and, according to stock exchange directors, sounding board for Mr. Grasso.

 

These multiple roles have been criticized by investor advocates and board members as posing a potential conflict of interest. . . .

 

http://www.nytimes.com/2003/09/24/business.../24NYSE.html?hp

 

No really!!?? I'm shocked, shocked I tell ya!

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From this mornings NYTimes. To see the whole article, click the site below but, if you are not registered at the site you will have to. It's free.

 

Yes, I'm a bit obsessed with this Dick Asshole stuff but, this hole affair gives one a real, factual understanding of who the crooks are and how they work. Sort of like someone when one turns on a bright light in a cellar you get to see all the waterbugs and watch them scurrying around to get back under cover.

 

Consultant to Grasso on Pay Is Also Adviser to Exchange

By LANDON THOMAS Jr.

 

 

A powerful Wall Street lawyer who defended Richard A. Grasso's initial plan to take $48 million in future payments is also helping to prepare a crucial report about how the New York Stock Exchange needs to revamp its corporate governance practices.

 

Martin Lipton, a founding partner of Wachtell, Lipton, Rosen & Katz, has worn a number of different hats as the opposition to Mr. Grasso's $139.5 million pay package has built over the last month: chairman of the exchange's legal advisory committee, chief counsel to the corporate governance committee, and, according to stock exchange directors, sounding board for Mr. Grasso.

 

These multiple roles have been criticized by investor advocates and board members as posing a potential conflict of interest.

 

No really!!?? I'm shocked, shocked I tell ya!

 

 

 

http://www.nytimes.com/2003/09/24/business.../24NYSE.html?hp

yep heard that this am :angry:

 

all they need now is sandy to take their money to the bank

 

Birds of a feather comes to mind

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A powerful Wall Street lawyer who defended Richard A. Grasso's initial plan to take $48 million in future payments is also helping to prepare a crucial report about how the New York Stock Exchange needs to revamp its corporate governance practices.

Good work, Mousey.

 

If 'random snapshots' turn up stuff like this, just imagine what's going on with the really big money ... the 'hundreds of billions' as opposed to the 'hundreds of millions,' the 'black budget,' etc.

 

On second thought, don't. It would be too distressing. Everything we know is wrong ...

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if you have not seen mo-mo brother, here is a reminder

 

Mo-Mo Monkeycramer.jpg

 

Posted: Sep 23 2003, 03:29 PM

 

you guys might need my help trading this NEW BULL MARKET!!!

 

Added SMH today, expecting another 35% move!!! Chips will light up tomorrow!!! Missed AMZN, will add on next dip. Got TASR at $14, adding more tomorrow!!

 

Cramer is my hero!! Look forward to Kudlow and Cramer each evening. Those guys have been SPOT ON in calling this market!!! Hope they say this is a pullback to buy!!

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