Blog > US Stocks and Markets > Blog article: Update: We’re close to our Dollar Tree (DLTR:NASDAQ) sell price!
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Update: We’re close to our Dollar Tree (DLTR:NASDAQ) sell price!

Posted May 6, 2008

Baltimore — (TFN): Just to spite my sentiment that oil and gold are set for a dramatic drop, oil futures went hog wild today, posting a new bubble high over $122 a barrel. Analysts blamed a Goldman Sachs prediction that oil prices “could rise to $150 to $200″.

I’m not sure who still pays attention to the analysis of the grand investment banks these days—given their patchy record in developing reasonable scenarios for managing their own risk.

But in a bubble market, irrational exuberance needs just a tiny bit of daily affirmation to keep pushing prices up.

– There’s good news and then there is good news: Her Retail Stock Speculation Dollar Tree Stores (DLTR:NASDAQ) hit Laura Cadden’s ajusted upside of 35% today, but right now is again trading at $1.15 below her recommended sell level. Laura has not yet issued her official sell alert.

So here’s your timely reminder: Take profits on DLTR if and when the stock hits $32.

P.S.: Don’t forget: Our new TFN Stockonomist trading contest starts this Thursday. Throw your hat into the ring free for a chance to win a trip for two anywhere in the world, valued up to $10,00

Also: The Gusher behind the “Montana Millionaires”

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Posted by J. Christoph Amberger · Filed Under US Stocks and Markets 

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