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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (245685)	8/11/2005 1:12:59 PM
From: Road Walker	Read Replies (1) \| Respond to of 1573097

re: Hence my theory that the price is being manipulated. Every price is manipulated at the margin. A 30 DMA is probably a realisitic true value given market conditions. Are you suggesting long term manipulation? John

To: Tenchusatsu who wrote (245685)	8/11/2005 1:25:04 PM
From: SilentZ	Respond to of 1573097

Tench- I agree with you completely. Something's fishy, and it's on a grander scale than Enron, IMO. The oil industry is sacrificing its long-term demand for a short-term payoff now, and there's little doubt in my mind that something sinister is going on. -Z

To: Tenchusatsu who wrote (245685)	8/11/2005 1:52:44 PM
From: tejek	Respond to of 1573097

Z, Ted says there isn't. When news of a refinery maintenance shutdown hits and the price of gas jumps immediately by 5 cents/gallon, I have to say that's bogus. Hence my theory that the price is being manipulated. And it looks suspiciously like the way Enron was exploiting California's power crisis, except on a much grander scale. Harris is talking about the price of crude. You're talking about the price of gas. Two different issues. Its very likely the refinery that's down is effecting gas prices whether you think its out and out manipulation or a real shortage of gas. I am inclined to think its the later because gas was in short supply before the refinery went down.........although its true that gas station owners will take advantage of every incident to raise prices. However, the increasing price of crude is being motivated by other factors. I told Z that I think its very possible crude will go to $100. ted