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To: RonMerks who wrote (4734)3/20/2007 1:54:40 PM
From: ecrire  Respond to of 50713
 
FWIW,I think Oil will reverse to the upside, reflecting primarily, higher gasoline consumption even before the warm weather driving season. Add to that the ever present "risk premium" and you have $60 crude or higher. As for Hillary etc. that's too far away and not a market factor now. As for the sub prime mortgage problems, the market is telling us that story is played out but we'll have to see whether it morphs into other segments of the economy. Sofar that has not happened despite all the Cassandra predictions.



To: RonMerks who wrote (4734)3/21/2007 1:13:34 PM
From: maxncompany  Read Replies (1) | Respond to of 50713
 
"I wonder how much risk premium comes out of oil when Hillary & O'Bamma get elected "

That's a long way's off. Plenty will happen between now and then.