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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (38217)	1/27/2000 9:49:00 AM
From: clochard	Read Replies (1) \| Respond to of 99985

Americans will be in deep doo doo if the price of oil keeps going up. In most parts you can't buy a loaf of bread without driving. And they like very big cars, such as Ford Expeditions and Chevy Suburbans, which guzzle 2 or 3 times the amount of a normal car.

To: pater tenebrarum who wrote (38217)	1/27/2000 9:54:00 AM
From: Kailash	Read Replies (3) \| Respond to of 99985

Heinz - The immediate consequences on the economy is one thing. Since we've had an oil shock in many people's memory, there is more of a sense of what it might mean. As a child, I remember the day it happened, walking in a city of parked cars covered by snow. You may have noticed the surge of interest in fuel cells. It turns out a lot of investors thought they were an alternative source of energy (!) -- this is why they bought. Even analysts are saying they are a good buy as long as oil prices stay above $25. It is possible that the oil increases and its multiple ramifications will crash the market. But of course the real issue is this: what is civilization as we know it going to do when it runs out of oil? It's incredible how we've been hiding our heads in the sand. Kailash