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Re: RAY....when are you going to get it...
By:ray
Date: 11/2/08 8:02pm
In Response To: Re: RAY....when are you going to get it... (Roger)

Roger, oil is traded on the open market and price is mnipulated by OPEC supply and demand outputs. The fact that you say the meeting was secret and the issues not known to this day does not cause any red flags as after all energy is a matter of national security.

The recent run up in oil was similar to all of the other bubbles in the past decades and very similar to the condiitons during that caused the 1929 stock market crash. This occurs with any irratioanal investing as we saw with irrational demand of stocks in the the eighties and nineties, the interfernece with supply and demand in the housing market and the irrational investing there and more recently with the market prices of oil which again were pushed higher due to irrational expectation of where oil prices would go.

Bottom line, energy costs are directly correlated to the economy undeniably.

Messages In This Thread

Lola, start a small business - response -- katie -- 11/2/08 11:52am
Re: Lola, start a small business - response -- pointvillagepete -- 11/2/08 3:55pm
Re: Lola, start a small business - response -- Roger -- 11/2/08 4:19pm
Roger...when are you going to get it... -- ray -- 11/2/08 5:48pm
Re: RAY....when are you going to get it... -- Roger -- 11/2/08 6:35pm
Re: RAY....when are you going to get it... -- ray -- 11/2/08 8:02pm
Ray -- the poster formerly known as bink -- 11/2/08 10:39pm
What are your thoughts -- ray -- 11/3/08 10:28am
Re: Lola, start a small business - response -- Roger -- 11/2/08 2:11pm
Incredibly negative thinking more like it -- ray -- 11/2/08 3:26pm
Re: Incredibly negative thinking more like it -- ray -- 11/2/08 7:11pm
Re: Incredibly negative thinking more like it -- Roger -- 11/2/08 7:26pm
One word for ya Roger: -- ray -- 11/2/08 7:45pm
Re: One word for ya Roger: -- Roger -- 11/2/08 8:13pm
Roger...of course not... -- ray -- 11/3/08 9:35am
Re: Incredibly negative thinking more like it -- Roger -- 11/2/08 4:02pm
Our experience is otherwise Roger -- Lola -- 11/2/08 2:33pm
Lola...resist -- ray -- 11/2/08 3:39pm
Re: Lola...resist -- Roger -- 11/2/08 4:28pm
No Roger... -- ray -- 11/2/08 7:35pm
Re: No Roger... -- Island Girl -- 11/2/08 9:44pm
Re: No Roger... -- Roger -- 11/2/08 8:19pm
perhaps so... -- ray -- 11/3/08 10:36am
Re: No Roger... -- Island Girl -- 11/2/08 9:53pm
Re: Our experience is otherwise Roger -- Roger -- 11/2/08 2:35pm
Exactly Roger ! -- katie -- 11/2/08 2:51pm