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

To: SilentZ who wrote (437009)	11/27/2008 1:22:02 PM
From: combjelly	Respond to of 1573947

"I'm wondering how quickly, if at all, they'll change back." Hard to say. I still see where people are trying to sell 1 or 2 year old pickups and SUVs around here. So at least some expect the price to go back up.

To: SilentZ who wrote (437009)	11/27/2008 7:49:48 PM
From: Road Walker	Read Replies (1) \| Respond to of 1573947

Not to mention that, contrary to my expectations, Americans actually did change their driving habits considerably while prices were high. I'm wondering how quickly, if at all, they'll change back. What was really amazing to me was the effect on gas prices of a slight decline in consumption. I know oil trades at the margin and would be strongly effected by supply/demand, but I never thought so dramatically. There must have been more risk premium in the market than even I thought. No idea if they will change back... probably depends in part on the overall economy.