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sendero

(28,552 posts)

2. I could be wrong.

Reply to nanabugg (Original post)

Wed May 9, 2012, 08:29 PM

May 2012

... but I think the stock market is falling for the same reason as oil is falling and it has to do with a lot of factors including lackluster stats on our economy and employment and fear over Europe which really seems to be entering an acute phase.

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Notice how with the drop in gas prices below $100/barrel the stock market tanks? [View all] nanabugg May 2012 OP

The reason for the drop in the market lies more in last week's unemployment report, MadHound May 2012 #1

traditionally, bad employment news zbdent May 2012 #3

Don't think so. elleng May 2012 #5

must have slept through all those days when the unemployment figures came out zbdent May 2012 #8

Guess so. elleng May 2012 #9

I could be wrong. sendero May 2012 #2

No. Nothing. elleng May 2012 #4

Nnnnnnope. cherokeeprogressive May 2012 #6

Gasoline is still at blasphemously high prices... derby378 May 2012 #7

the price of oil seems to have little correlation to the price of gas anymore. rurallib May 2012 #11

I think the situation in Europe tanked both n/t doc03 May 2012 #10