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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?


To: frankw1900 who wrote (2909)9/19/2001 2:11:48 AM
From: ahhahaRead Replies (2) | Respond to of 24758
 
I warned you and Jay about this flirtation with oil. Now you have a triple whammy. Airlines use lots of fuel and the number of flights will be substantially reduced indefinitely. Also, the Saudis have stated they want oil to carry a price bewteen 22 and 28. Add in a slowing economy that is giving the FED a major problem by not reacting to the money drug. Voila. You have a disaster for anyone in the oil patch. We won't even go into the necessity of accelerating the development of hybrids.