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May 15, 2008
The "Trump Top" in Oil
My friend Doug Kass is calling a near-term "Trump top" in oil prices:
Trump waxed enthusiastically about oil on "Squawk Box today," saying that real estate is not the business to get into as a young man -- now it is energy.
And oil is off $4 from its peak prices, although that could change with word of an explosion and fire in Nigeria today.
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