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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Art Bechhoefer who wrote (28350)	2/19/2003 10:54:12 AM
From: Frank Pembleton	Respond to of 36161

Art, I beg to differ...Iraq is sooo looking forward to rid themselves of Saddam. In fact, they have the hottest stock market in the world, land values have been sky rocketing and the mood is now jubilant. People on the street are heard screaming "Bring it on baby!!!" check this out... newsday.com

To: Art Bechhoefer who wrote (28350)	2/19/2003 10:58:21 AM
From: A Horse With No Name	Respond to of 36161

Reasons Oil might come down initially after the war but then remain high 1. Constant turmoil in the Mideast 2. terrorists related oil disruptions 3. texaco, chevron, exxon are in the business of making money not charity. once they own the wells in iraq they would think like OPEC. 4. Oil revenues would be used to rebuild Iraq. hence no cheap oil for some time, that is if the oil wells are not torched. 5. increasing demand on oil from china,india and the likes. plus added demand on oil from the constant military campaigns. just to name a few

To: Art Bechhoefer who wrote (28350)	2/19/2003 12:30:48 PM
From: habitrail	Read Replies (3) \| Respond to of 36161

OT, but <<similar to Stalingrad in 1942>> How come? I thought that Germany was weak and hopelessly overextended enough so that weather and home ground set them about even with the limited forces that Russia could muster, so the battle went on and on. That seems a far cry from a fresh, confident US, with a strong military, including a number of tools that Iraq just does not have, like real air support. Re. Attrition, I don't think that the situation will ever get into that mode. Air support is a very impressive tool and the US has a truly insane advantage in that arena, and pretty much all the other arenas too. US military tools will work much better on a non-stone-age country like Iraq than they did on Afghanistan.