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Vet67to82 (< 20)

Wednesday 6/25/2008



June 23, 2008 – Comments (1) | RELATED TICKERS: USO , DHT , SKF

The FOMC will render their opinion Wednesday afternoon. I expect the interest rate to hold steady with stronger wording about inflation.  But, the US Energy Information Administration will be releasing the crude stats at 10:30 AM Wednesday morning, and I expect the US EIA to report the 6th weekly decline in crude supply. ... Wednesday is going to be a rough day in the  market.         


1 Comments – Post Your Own

#1) On June 23, 2008 at 7:28 PM, JoHooch (79.16) wrote:

Yeah most likely a rough day, but historically shortly after the fed stops cutting rates, the market begins to do a lot better....short term pain.

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