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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Think4Yourself who wrote (170180)12/9/2008 7:23:07 PM
From: DebtBombRead Replies (1) of 306849
 
Here's something to think about....the global oil demand forecast is a real eye opener....first demand decline since the early 80's?....after India and China have become industrialized? Wow.
Oil stocks make up about 30% of the SPX earnings....please correct me if I'm wrong.
bobcor may be right....deflationary collapse.
If oil can't get up....these oil stocks are going to take a beating and further dent the SPX, IMO.
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