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Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?

To: Findit who wrote (18620)	2/26/2004 3:32:31 PM
From: Bucky Katt	Read Replies (2) \| Respond to of 48463

Economist magazine? Those guys are almost clueless. I remember a few years ago when crude was hovering in the $10 per barrel range, and those dolts did a cover story on how it was going to go to $5 per barrel... Of course I did the opposite and went very heavy long in the futures. That was the 2nd time I retired. (those trades are archived somewhere in the S/I abyss) Anyway, Lou Dobbs is right....About the job loss. But a stock picker he ain't. Just look what a few thousand shares of the pre-split TASR would have done in a % gained race... Or even JMAR at the bottom.... We blew their doors off.... Also, they mention GE.. As we have discussed many times, GE finance makes the bulk of GE profits. Like over 80%. Oil today> "Expect major regional gasoline shortages," warns A.F. Alhajji, associate professor and energy economist at Ohio Northern University. When that happens, prices zoom as gasoline wholesalers compete for supplies, giving a regional shortage national impact. Alhajji is confident that "gasoline prices will increase nationwide as we approach the driving season, even in areas that have adequate supplies." Average gasoline prices in California and Hawaii have topped $2 for a gallon of unleaded regular, and Nevada is close at $1.968, AAA said Wednesday. AAA said regular averaged $1.681 nationwide, up 7.9 cents the last month. That's 5.6 cents less than the record average of $1.737 reported last Aug. 30. EIA, using different data, lists the record as $1.747 last Aug. 25. Gas would have to average $2.89 to surpass the inflation-adjusted record of $1.417 in 1981. EIA's weekly report showed gasoline supplies down 1% last week from the previous week. Refining operations were slowed by problems, maintenance and disruptive changes necessary to produce lower-sulfur and summer-blend gas required by clean-air regulations. Supply worries kicked up West Texas Intermediate crude oil $1.10 per barrel, to $35.68.