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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 297.52-6.6%Feb 4 3:59 PM EST
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To: Proud_Infidel who wrote (8837)2/10/2004 12:26:38 PM
From: Big Bucks  Read Replies (2) of 25522
 
Brian, the health of the global economy is directly proportional to the cost of oil.... OPEC is strangling
global growth.....The US really needs to make significant
deals with non-OPEC countries that produce oil to break
this price gouging...A significant preferential 5 year
contract with Russia would do it, IMO. To do this could be
Bush's best economic stimulous move, IMO....Buy oil at
$24/bbl. Once the US set the precedent, other countries
would do the same... OPEC would collapse. whatever happened to consumer buying power/leverage?
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