Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Amy J who wrote (67414)	3/19/2005 7:42:16 AM
From: RetiredNow	Read Replies (1) \| Respond to of 77400

If oil was high just because devaluation of the dollar, then we shouldn't be too worried, because eventually it will swing the other way. However, what worries me even more is that oil is high because demand is outstripping supply and because of China and India, it's likely to remain that way for the foreseeable future. If that's true then the only way oil comes down is if the global economy goes into a recession and brings China and India with it, or on the bright side, if OPEC starts pumping flat out with no restrictions.