Limtex, with the crude oil price down, that automatically drops the markets because the oil analysts mark down the oil stocks, which get devalued. Those drop and they are big, so they move the index down a little which makes the momentum people or their computers think that the markets are dropping.
But of course the trucking companies and airlines fuel bills drop after they have bought fuel next month and then their profits start rising. And consumers pay less for cars. And cans of Coca Cola. And Q! handsets.
So initially there is a drop, but then when the economic trickle down benefits become apparent, the markets will go up.
All boringly predictable. What is more tricky is to know just which month Q! is finally going to rise in price and stay there. I suppose it might not happen until the bottom line is so fat that cash oozes out into shareholders' pockets. That's fine by me.
If there is a World's-Biggest-Crash tomorrow as you fear, that should be fun. We haven't had a thrill for a month or two now. But careful, you might get a sudden rush of vertigo if the market suddenly zooms upwards over 10,000 instead of down. That should be even more fun! With oil cheaper [by a fraction] again today, that is the direction it should go. Cheap oil is great. Does anyone disagree with that? [Other than oil industry and their hangers-on in Alaska, Texas, Norway, Scotland etc, oil producing countries, fuel cell makers, nuclear power operators, photovoltaic makers, ethanol producers, gas producers, recyclers, greenhouse gloomsters, car haters.]
No worries,
Mqurice
Dow 16,000 - only 3 years away in a couple of months.
Q! $80 one of these days - I suppose 22 December when Q! announces 3G agreement in principle. |
