Markets up again!

Mike AI · 03-21-2003

Past week stocks have gone up, oil has gone down. If we can wrap up this war - or at least the major combat operations soon, I think this may give the US Economy a nice bounce to build off of.

Of course winning the war in the most effective, complete way is the primary goal, but if it can help the economy - its a bonus!!

Winetalk.com · 03-21-2003

yeah, market rallies like there is no tomorrow,
even my Ford went up 15% in 2 weeks
;-)))

RawAlex · 03-21-2003

Mike, the securing of oil supplies, and removing the uncertainty out of the oil market drivers the price of oil down quickly. The price of oil is a VERY important component in profits for all industries that produce goods that must be shipped.

More importantly, it has been made clear that the intention for Iraq is to use it's oils resources to generate cash flow and rapidly rebuild the country. This means that Iraq will certainly increase it's total oil output as quickly as possible, which would increase supply against no demand increases - thus the price goes down. I suspect there will be some serious busting of OPEC limits for a while.

Look for oil to settle in the 20-22 a barrel range once this is all over...

Alex

fraggle · 03-21-2003

I have some stock in an oil exploration company..they haven't moved in the last few weeks...they have made massive profits in the last 1/2 with the price being high so im hoping for them to spring back after this conflict.

Rolo · 03-21-2003

US dollar exchange rate is also getting better... I think it will rise 5% more to the Euro...

No doubt that the war ending with a quick and "clean" victory will send stock markets up in most countries (well except France ;-))

03-21-2003	#1
Mike AI Administrator Want to see your own Advertising Here! Join Date: Oct 2002 Posts: 11,618	Past week stocks have gone up, oil has gone down. If we can wrap up this war - or at least the major combat operations soon, I think this may give the US Economy a nice bounce to build off of. Of course winning the war in the most effective, complete way is the primary goal, but if it can help the economy - its a bonus!! __________________ Make big money on your Domains! Why wait 40 days to get paid with the other guys? Parked.com pays the most for your traffic, and cuts checks twice a month!

03-21-2003	#2
Winetalk.com Prostate Examiner I quoff fine wine at corkd.com Join Date: Oct 2002 Location: good 'ole USA Posts: 21,018	yeah, market rallies like there is no tomorrow, even my Ford went up 15% in 2 weeks ;-))) __________________ why dogs sniff each other butts?

03-21-2003	#3
RawAlex Members $100 for every ImLive sign-up Join Date: Oct 2002 Posts: 4,036	Mike, the securing of oil supplies, and removing the uncertainty out of the oil market drivers the price of oil down quickly. The price of oil is a VERY important component in profits for all industries that produce goods that must be shipped. More importantly, it has been made clear that the intention for Iraq is to use it's oils resources to generate cash flow and rapidly rebuild the country. This means that Iraq will certainly increase it's total oil output as quickly as possible, which would increase supply against no demand increases - thus the price goes down. I suspect there will be some serious busting of OPEC limits for a while. Look for oil to settle in the 20-22 a barrel range once this is all over... Alex __________________ Let's go to the edge of disaster Push the pedal and go a little faster Let's slam into a wall at ramming speed Let's go to the edge of a mountain Jump off and lets start countin' Hit the ground and tell me if it bleeds

03-21-2003	#4
fraggle Members Join Date: Jan 2003 Location: UK Posts: 30	I have some stock in an oil exploration company..they haven't moved in the last few weeks...they have made massive profits in the last 1/2 with the price being high so im hoping for them to spring back after this conflict. __________________ FHG Management System FHG Management tim at perversionpays.com ICQ: 166-253-997

03-21-2003	#5
Rolo Members Join Date: Dec 2002 Location: Six Feet Under Posts: 2,150	US dollar exchange rate is also getting better... I think it will rise 5% more to the Euro... No doubt that the war ending with a quick and "clean" victory will send stock markets up in most countries (well except France ;-)) __________________ "Chaos is the law of nature, order is the dream of man." ~Henry B. Adams (Historian) 1838-1918