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Now the valuable and base metal stocks were not the only ones to do the whatoosie, oil and oil related stocks joined the party as brands like Petroleo Brasil (NYSE: PBR) which traded up .37 to close at .47, Oceaneering International (NYSE: OII) which traded up .59 to close at .96 and Ultra Petroleum (NYSE: UPL) which traded up .06 to close at .69 added for the rally as crude oil prices rose.
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In 2001, Barrons Magazine published a graph showing the hypothetical results of investing inside the Standard & Poor’s 500 Index in February 1966 through late October beginning of 2001. During that period of almost 36 years, a purchase of ,000 in the index might have grown on the buy-and-hold basis to ,710.
The luxuries consumers enjoy today are endless because of the fabrication of steel. Its strength, flexibility and great environmental value continues become an asset in new technology. With regards to absolutley wonderours, where steel and metals take us in the future. And imagine a world where steel becomes so precious because we manipulate up each of the raw ingredients that it becomes a precious metals!