Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (5436)	6/29/2001 12:14:11 AM
From: pezz	Read Replies (2) of 74559

<<You did not mean to say that...... >> <<Nor did you mean to say that ....>> <<And you certainly did not mean to say that.... >> What I should have said wuz "Gas at the pump is down about a dime already here in LA" Thus implying that this is just the beginning of a long price decline....Making life just dandy for the lot of us. <<volatility of gas and petroleum price has, due to inventory buildup >> Wull I'll be...wuzn't it the lack of inventory that sent it up inna first place?...Economic slowdown worldwide will keep oil prices low which will spur economic growth thus the cycle continues and every one is happy. <<Yes, but out of the newly unemployed, 50% are college educated higher income earners, and this is unique in US history.>> Still at 4.5% [ or whatever ] these are historically low levels not associated with bad times.Besides let'em know how the other half lives ........Do'em good. <<People still believe in the magic of the Maestro's secret sauce>> I don't think the average Joe gives a damn about the "Maestro" atall they got jobs !

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