The Justa and Lars Honors Bob Brinker Investment Club Thread Message Board

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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread

VTI 329.91

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Nov 13 4:00 PM EST

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To: MrGreenJeans who wrote (407)	7/21/2000 1:15:19 AM
From: bobby beara	Read Replies (1) of 10065

>>>>the price of oil is not as significant a measure in the price indexes as most believe.<<< MR. Gj, the great decade of the 90's has not only been driven by technology, but of cheap commodities, especially oil, this is a mistake to dismiss oil, as much of new era speak does. in fact, i believe cheap oil has been as much of a driver as technology this is much reminiscent of the 60's when everybody was buying caddy's and chevy's with a 6 barrel carb on top of a 405. the cheap oil has been at the expense of the cratering of asia and russia and the most oil producing countries, 1998 may have been a major bottom for them, the 6 year commodity cycle sezs yes. like the late 70's, i think the auto companies that start producing fuel efficient autos, will be winners. b

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