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2.24.2016 - Insiders Club Bookmark

2.24.2016

Morning all, welcome to another day in "mania-ville"

So yesterday we had oil pull down, and then the Saudi oil minister simply came on State TV and said "forget production cuts...it ain't gunna happen". That was more than enough to pull the rug out from the market.

But it wasn't just that.  Oil and the Saudi guy are important no doubt....but maybe more important was that oil and the Saudi guy hit right as the market was face planted into stiff resistance.

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