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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (184179)	3/5/2004 5:31:16 PM
From: tejek	Read Replies (1) of 1576340

Interesting - FWIW FRIDAY a.m. March 5, 2004 Political Theory By David Nichols I'm glad you posted this article. I don't know about the markets predicting the election but I can tell you the markets are not happy. I have one finger ready to hit the trigger. Since December, the markets start to move up, only to pull back suddenly on little news. Then they start to go down, only to turn around and start a big rally. I can't get a read where they're going. But what worries me more are oil and NG prices. Yesterday, the NG withdrawal from storage was unexpectantly weak. Today, the NG index rose a whopping 3 points instead of going down. OPEC says it won't cut back production like it said it would in February and the price of oil goes up and not down. I've said this before.......with oil over $35 per barrel and NG over $5, I don't see how the economy can continue to expand. And given this AM's lackluster job report, I suspect the economy is in stagnation. ted

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