inflation is high!!!
more on sectors, real quick....
Materials started the decline first.... I'm not sure they have "near term lowed", but there is a better chance than there is with oil....
also the stocks declined before the commodities did... so one would think the reverse would be true.... Maybe.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Wednesday, August 13, 2008
suprise
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