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Originally Posted by 2BNTV
The Dow smash to a new record high. Do you think it will go higher or drop back as investors take profits?
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The employment numbers come out on Friday so we shall see what happens then. It all depends on what buzz word of the day triggers the computer controlled trades to go up or down.
Oil prices need to get down to the mid $70.00 level to really kick start things. The problem here is that as soon as the stock market goes up a little the oil traders want their piece of the action and raise prices there. Another group of traders that have more excuses as to why the price is going up than a politician caught with his hands in the cookie jar. Let's see this week it can be the weather.
VG