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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Boca_PETE who wrote (21748)	10/18/2004 10:11:49 PM
From: rsie	Respond to of 42834

well done Pete... I concur thanks for your thoughts, rich

To: Boca_PETE who wrote (21748)	10/19/2004 1:40:52 AM
From: Math Junkie	Read Replies (1) \| Respond to of 42834

The funny thing is, I think I saw someone on another thread claiming that Brinker was speaking in favor of Bush.

To: Boca_PETE who wrote (21748)	12/12/2004 7:05:37 PM
From: Gary D	Read Replies (3) \| Respond to of 42834

There was some discussion about oil/energy today. Bob said that it would be possible to double the mileage of our vehicle fleet, and that would then "half" our oil consumption. There is a problem with this arithmetic if we take into account all the oil used for electric power generation, heating and other purposes. Pertaining to 'energy alternatives', a comment was also made implying the merit of hydrogen and ethanol (I can't remember exactly what was said). It however wasn't mentioned that in hydrogen usage, hydrogen itself is not the energy source - we need energy (perhaps from oil or nuclear) to isolate the hydrogen. It also wasn't mentioned that ethanol is energy-inefficient to produce and requires that huge amounts of land be cultivated. (It's interesting that some who vocally protest the presence of an oil production platform visible in the distance, on the other hand would apparently not mind devoting huge acreages to ethanol production). There was also a comment that our dependence on "mideast oil" is a major problem--as if it would be much more desirable for the US to depend on non-mideast foreign oil. The real problem is that we must import any oil--not its specific origin. The mideast supply will always have an influence on oil prices, because it is such a large proportion of the total. The only way we could protect ourselves from "mideast oil" would be to both 1) consume only domestic oil, and 2) regulate the price of that domestic oil. I don't see either happening; although reducing our imports is do-able and would obviously help. Back to the investing topic, how about that call to add to holdings when S&P 500 dipped below 1100? Not looking too shabby about now.