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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (13839)3/3/2003 3:39:32 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 89467
 
biggest mistake being made now in stock market thinking

is they are trying to price in the benefit of falling crude oil and energy costs
(higher S&P and other stock prices)

before they price out the harmful effects of the recent rising crude oil and energy costs
(lower S&P and other stock prices)

so let's stay constant during the damage
and take some gains when the damaging increment is removed?

not gonna happen
in fact, I dont expect for the damaging increment to go away
this nation suffers from mass delusion

/ jim