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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: patron_anejo_por_favor who wrote (35450)	8/16/2005 2:58:13 PM
From: mishedlo	Read Replies (2) of 116555

Raul Mercado loves his 2002 eight-cylinder silver Mustang convertible but hates the high cost of operating it. As gas prices hit record highs in recent weeks, the security guard has been shelling out $40 each time he fills the tank. Victor Fernandez, 58, a Long Beach security guard who makes a 150-mile round trip commute daily, said he hasn't changed his habits. To save money, he bikes or walks to the beach instead of driving, switched from high-grade to medium-grade gasoline and forgoes big-chain gas stations for independents that offer lower prices. [In the meantime he has a seat at the world series of poker and plans on going all in early and often. When I win, I can afford three hummers he said] .... "I need my car," he said of his 1999 Chevy Blazer. "Public transportation is too slow for me … I don't stop my usual things. It's just that gas needs to go down." tinyurl.com

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