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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 84.82

+3.0%

Feb 6 9:30 AM EST

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To: RetiredNow who wrote (68050)	6/16/2005 9:19:50 AM
From: Elroy	Read Replies (2) of 77400

I wish this guy would give numerical proof of some of his assertions. "As oil has worked for so long, the financial community is hanging on to this position," he says. Speculative funds have been increasingly active in commodity markets over the past two years and are often blamed by OPEC for keeping prices high. How did he conclude that the financial community has significant impact on the price of oil. I would like to see the numbers that show that speculators are as much a driving force of the oil price as oil consumers. As for OPEC blaming speculators, they'll blame anyone as long as it keeps the price high!

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