[DMCForum] Re: Texas Tea..
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[DMCForum] Re: Texas Tea..
- From: "therealdmcvegas" <dmcvegas@xxxxxxx>
- Date: Tue, 13 Sep 2005 17:08:26 -0000
Yeah, I'll back Steve Forbes, and go with an energy investment bubble
burst. Once prices get too low, the hedge fund managers, and day
traders are all gonna panic, and sell off their futures investments
rapidly.
Gas will not be as cheap as it once was, but with what we're paying
now, a dollar less seems like a bargain.
-Robert
--- In DMCForum@xxxxxxxxxxxxxxx, Marc Levy <malevy_nj@xxxx> wrote:
>
> It will be interesting to compare the first 1/2 of
> 2005 to the second.... in the wake of Katrina.
>
> http://biz.yahoo.com/e/050804/xom10-q.html
>
> But even with the ever-increasing cost of crude oil,
> profits still break records. Exxon-Mobil (even prior
> to Katrina) is well on their way to break their 2004
> record.
>
> Anyone want to make a prediction?
>
>
>
>
> __________________________________
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