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Bookmark this on DeliciousWTI Crude Oil has pulled back trading around $100 per barrel this morning. Several factors weighing on oil globally, first the devasting earthquake to Japan, which is the 3rd largest importer of oil. Also the Day of Rage and geopolitcal events in that region. As I type President Obama is to speak on the energy situation. Proshares SCO was suggested yesterday morning @ $43.60, it is currently trading at $46.36 up 6.3%. The suggested STOP of $41 is now being raised to $45.
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