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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (44186)1/2/2004 9:04:04 AM
From: Ramsey Su  Read Replies (1) of 74559
 
Happy new year Jay,

regarding 2004 scenario and its potential impact -

atimes.com

I think Bush has no chance of a second term if Iraq drags on, that is why they are planning a quick exit strategy. It is unlikely that there will be enough stability for oil to be flowing regularly, unless it becomes a total religious state. Unfortunately, that is a high probability.

So my guess is if oil prices go down, it will not be because of supply from Iraq.

Ramsey
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