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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (67314)8/12/2005 8:59:38 AM
From: Slagle  Read Replies (1) | Respond to of 74559
 
Moominoid Re: "oil" Just watched something interesting on CNBC (and that by itself is a rarity <g>). The economist dude (Steve?) just posted some charts comparing the 1974,1979 and the current oil price spikes. Very big difference in that the two 1970's events really were "spikes" with the price running up (and afterwards down) almost vertically. The current price rise is very different, beginning years ago and running up gradually. Now if this was a stock chart, that would make the current high price more likely to stay high longer, right?
Slagle



To: Moominoid who wrote (67314)8/12/2005 10:34:33 AM
From: shades  Read Replies (2) | Respond to of 74559
 
Mr. Grandie is saying keep an eye on Dell, you like that one no? He said when it gets close to 32 that it will be time to jump in and load up the boat.


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