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.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (44576)	2/25/2008 12:09:57 PM
From: Johnny Canuck	Respond to of 69990

Interesting take on the price of oil: Message 24339413 I am not sure I agree that the effects on China should have shown up by now. The Fed has been desperately trying to head off a recession by lowering interest rates. Till the recession takes hold I can't say we have seen the worst. I don't see a dramatic rise in bankruptcies yet and lineage rates for the papers are down only slightly. We have seen a slacking in consumer demand, but not a concentrated effort to cut out extras and pay down debt. The sub-prime loan issue is still only concentrated to specific markets, it is not a country wide issue. Till all those issues are resolved I don't see a bottom being called.