EMC How high can it go? Message Board

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Technology Stocks : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

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To: JDN who wrote (12382)	3/3/2001 7:32:09 AM
From: capt rocky 1	Read Replies (2) of 17183

fellows. it is one thing only, that caused the consumer slow down. especially in the lower income brackets. the price of oil products. if you put all your extra money in your car or up your flue you can't spend it on the discretionary items that you would like. so you postpone replacing the old heap(car, not wife) for another year,the dishwasher gets fixed,not replaced ,you go to one ply toilet paper, you get by with your treddle powered 386 pc,etc.etc. what moves this countrys' economy is buying things we don't need when ever we want to.when the credit cards max out and the bank says no,we stop buying unneeded items. now, when you max out the cards you pay more interest so that also takes away from spending and the cycle goes on. drop the price of oil and it all comes back.with an oil man in the white house we could fix that. a tax cut will help and we have at least 2 more rate cuts in the future. may is looking brighter. rocky

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