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Message: Transports Falling

Transports Falling

posted on Sep 05, 2008 05:41AM

To me it seems highly significant that the Dow Transports are falling with oil not rising. Smart money is getting out. I believe this portends that the inevitable run-up in oil is somewhat immanent. I'm traveling to Denver today. I'd like to sit and watch the markets all day, but cannot. I'll have to keep up on my iPhone. If anything strange happens, some strange price action that I'd miss not watching, somebody out there let me know. Dow is already down 62 points. This is very good for us. Bull

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