Stock Attack -- A Complete Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack -- A Complete Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Challo Jeregy who wrote (20025)	3/21/1999 1:29:00 AM
From: Lee Lichterman III	Read Replies (1) of 42787

I don't think AG will raise the rate. He doesn't want to hurt the country just let the air out of the market. OIl prices may do that for us. OPEC agreed to cut production 1 million barrels a day Saturday. This raises the costs of production, people driving all those preppy 4WDs and will raise the CPI numbers in the coming months. I read they are trying to get the price of oil back to the 18-20 a barrel area. The market ran on the cinderella everything is perfect, then they took away earnings growth and they said at least we don't have inflation and have low oil costs, so they ignored the decreasing earnings and rallyed more. Guess what, there goes the cheap oil and here comes some inflation pressure. It may not BK the market but it may let some air out by the end of the year. I doubt AOL at 60 but 92 isn't out of the question. Lee

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next