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Daily Archives: May 6th, 2008

Momentum

06-May-08

Bloomberg.com: Oil Rises to a Record $122.73 on Nigeria Attack, Demand Growth

“The price keeps changing but not the reasons for the rally,” said Adam Sieminski, Deutsche Bank’s chief energy economist, in Washington. “Until the fundamental supply and demand levers start to shift and the psychology changes we will continue to see new records.”

Here’s one bubble [...]

Tuesday

06-May-08

Today is Tuesday.
Just another day in the week. Nothing special about it. MSNBC is trying to call these Tuesdays, when primaries are being held somewhere, Super Tuesdays. But this is just another ordinary day.
It’s true, today there are primaries in Indiana and North Carolina. It’s true that the results of those primaries could help decide [...]