nymex

StreetInsider.com After-Hours Movers:

NYMEX Holdings, Inc. (NYSE: NMX) 1.8% HIGHER; CME Group and NYMEX Holdings, Inc.

(NYSE: NMX) announced that preliminary results indicate the shareholders of both companies have approved the proposed merger.

Fannie Mae (NYSE: FNM) 1% HIGHER; Recovers a bit after falling 22% intra-day on fears the common shareholders will be wiped out.

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Why do we blame China and the Far East for the economic problems we are having in the world today. We know the price of oil is bid up in a kind of auction called the NYMEX.

This can be stopped by placing limits on how high the price can go.