19 Quotes by John Person
- Author John Person
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Demand is up mainly as it has a dual role as a food and bio-fuel product.
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As long as prices hold above the $520 to $540 range, I feel more comfortable remaining bullish.
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This is big news. This is a good step forward for Hewlett-Packard. With her departure, the company will look forward to having new leadership ... so the market is looking at this as a positive for stocks, especially the tech sector.
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This move will have a short-term negative impact on the equity markets. However, it is longer term, a positive.
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This market is not close to being finished for higher prices.
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Inflation fears, monetary policy around the globe is changing and investors' sentiment toward owning gold has improved -- and that continues to spark demand.
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If prices accelerate too far over $600, people will feel the market is a little overburdened from the long side.
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If the market is truly in a bearish trend, it will close below its open.
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For prices to advance much further from the $11-to-$12 level, we will need to see a boost in consumption, or a setback in getting pipelines operational.
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