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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (173718)	12/26/2008 1:10:18 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 306849

the chrysler reference was bizarro, but i'm not sure his argument about oil producing countries getting hammered on price isn't valid....oil producers said they believed $75/barrel is a 'fair' price...........could we go back to $75? quite possibly if demand gears up much quicker than the bears believe....are you expecting that? BTW, the world's biggest refinery just started operations this week in India. So tankers are gonna be moving crude there one way or another..... nobody is suggesting crude demand will be extinguished, despite whatever obama sez<g>