SI
SI
discoversearch

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 : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Frank Pembleton who wrote (4303)11/21/2001 8:36:57 PM
From: gold$10k  Read Replies (1) | Respond to of 36161
 
Hi Frank,

I am also about to become a renter again, so I think selling your house is a good move. It could be 5 or more years before the prices are ready to rise again, so in addition to missing out on the reverse leverage of home ownership in a falling housing market, that money could be used to advantage in this traders' stock market... at least that's my plan.

Regards,

vt



To: Frank Pembleton who wrote (4303)11/21/2001 11:09:26 PM
From: t4texas  Read Replies (1) | Respond to of 36161
 
"opec...a historically doomed organization" says putin's econ advisor

i picked up this gem from a yahoo wrap-up of commodities from late this afternoon. who can be sure what russia will eventually do with its oil, but right now it appears the russians are determined to cause opec headaches.

"On Wednesday, Russian President Vladimir Putin's economic adviser said the government shouldn't heed OPEC's pleas to cut output more than the token 30,000 barrels a day already offered."

"``Nothing should be done because OPEC is an unreliable partner, a historically doomed organization and also because in the price war declared by OPEC, Russia has a more advantageous position,'' Andrei Illarionov said. He said the decision was left to the oil companies and any interference in the process was ``absolutely impermissible.''"

biz.yahoo.com