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


To: Haim R. Branisteanu who wrote (39733)2/11/2000 9:20:00 AM
From: RocketMan  Read Replies (1) | Respond to of 99985
 
Wen oil was $11 to $12 nobody in the US or US administration cried or asked to bring prices up in equilibrium.

Maybe because that was fair market price? I don't remember any oil cartel actions back then, do you? Seems to me there was a lot of oil back then and not that much demand.

Secondly as stock prices are so overpriced why not ask the US government to place a special tax (in addition to income tax) on stocks that rise to fast let say over 10% a year??

They are doing the equivalent by artificially raising interest rates above free market levels. Perhaps you have heard about that.