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IBDvalueinvestin (98.56)

The Most Naive headline possible "Stocks up because Oil up"



May 25, 2011 – Comments (0) | RELATED TICKERS: SPY , SPXL , QQQ

If anyone believes this headline then he is a naive as the person who wrote this: 

Stocks Higher as Oil Tops $100- AP

Stocks reversed earlier losses as rising oil prices offset worries about the global economic recovery.




First off stocks hate oil over $100 , if anything Oil at $100 is depressing a rally that could have been triple digits for djia today.


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