The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (70968)	10/4/2006 3:16:40 PM
From: aryana	Read Replies (4) of 110194

"So which way do you want it?" Even with gas prices falling by 25% its not hard to see that the overall trend is to higher energy prices. Heck OPEC is talking about cutting supply with prices just below 60. How long ago was it when 60 was considered a high price for a barrel of oil? Now the mentality is that $2.25 gallon gas is cheap! Load up the kids honey we are going to have that big Christmas after all! I'd argue that the issue isn't so much the actual price but the "perception" of the relative value of a good or service at a certain price. Obviously, "perceptions" have been drastically altered in the past 5 years. We have to have a name for this. What would you call it?

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