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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?

To: sea_biscuit who wrote (22830)	6/17/2005 7:35:49 PM
From: manalagi	Read Replies (1) \| Respond to of 362370

Kudlow is an idiot, he is in self denial. Dipy, we cannot fight what is going on with oil. China's demand for oil looks like "geometric progression". So will India. another emerging world power. So why not profit from it? I already bought January 2007 Leap. I believe oil will be $ 60/b in two weeks, $ 80 by the end of the year and $ 100 come January 2007 regardless who occupies the WH at that time. Oil is an inelastic commodity. No matter how high the price is, people will still be driving muscle cars: Hummer, and now Hemi engines like those Chrysler products. Another profitable strategy is to sell puts, i.e. if you can stand the risk.