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Tuesday, December 27, 2011

Iran Threatens to Stop Oil if Sanctions Widened

What does a person do with their oil stocks if Iran causes a short term oil spike to $150?  Take some profits on the resulting jump in stock prices and then buy back in when things cool down and the stocks retreat?

http://www.moneynews.com/StreetTalk/Iran-Oil-Flow-Sanctions/2011/12/27/id/422219

1 comment:

  1. I wonder how much of a jump we'd see. Guess it depends what companies you'd own.

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