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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Nov 20 4:00 PM EST

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To: Charles A. King who wrote (8980)3/23/1998 8:04:00 AM
From: Hawkmoon  Read Replies (1) of 13091
 
Charles,

I was thinking a similiar thought about a correction yesterday when I heard about the OPEC deal. The nice thing about cheap energy is that it has helped to offset concerns from Asia and its possible economic impact.

I still think there will be cheating. With the strength of the US dollar on a global basis, and oil being denominated in $$$, many producers will continue to sell in order to obtain US currency.

Read yesterday that US money supply grew at 8% which normally would be far above inflationary levels. However, the increased foreign demand for $$$ has increased as folks look for a safe(r) storehouse of wealth.

G*d... I love Macro-Economics!!!! (Don't claim to understand it fully, but I love it... :0)

Regards,

Ron
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