Bob Brinker: Market Savant & Radio Host Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tony Viola who wrote (9076)	3/23/1999 12:10:00 PM
From: Jeffrey D	Read Replies (3) of 42834

Tony:<<Yawn? Higher oil prices, possibly causing higher inflation, isn't the cause for the market tanking today?>> Hi Tony, not much activity over at the AMAT thread lately. No, I don't think this is the cause of the market tanking today. I think it has to do with earnings, profit taking and PCs more than anything. OPEC has done this before and nothing has really come of it. Take a look at the oil stocks and you can see they are down today along with everything else. This in spite of the fact the May Crude future is up .37 cents to $15.73 a bbl. Quite frankly, I would like to see this as a catalyst of some kind to have the oil sector stocks in my portfolio join the bull run we have been enjoying. Will oil at $16 or $18 a bbl "fuel" {I think that is a pun isn't it?}inflation? I doubt it. Best regards, Jeff

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next