Wow At the News
 

Oil prices are under $100, the stock market went down 500 pts yesterday, AIG is now under gov. joining Fannie Mae and Fannie Mac, US prisoner in Peru is prego, MTV is cancelling TRL, Moms in Austraila use exstacy to unwind, and Pres. Bush had a lesion removed.

What a bundle of important and who cares news I have ever seen.

Also, is anyone somewhat concerned now? Government now controls over 50% of mortgages, and now a lot of car insurance. Houses and cars, interesting combo.

I'm so glad they're cancelling TRL.

Well, oil prices, the stock market, and AIG are all important as hell.

Ya definately. And now stock market went down 400 pts.

What do Calis mom and the stock market have in common?

i'm guessingggggggggggggg... they're both going down right now?

Obviously they are lucrative income sources.

500 yesterday, 450 today. 1,000 points in a week? This is crazy man.

Funniest thing about all of it....is that when oil prices go down (barrel) we dont see it for atealst a week....we should be paying 3 dollars a gallon. Not 4 dollars a gallon....


its all based on hypotetical situations....thast the problem...the stock market doestn' deal with the NOW...it deals with the 'what if's'....


gas should NEVER have spiked...EVER....it only did because people, who i'm sure were getting a huge cut of money....were sayin that oil was gettin low, which forced a spike in prices....

n...i forgot


i also, understand....that the U.S. dollar can force oil to go up...becuase when the dollar is strong, the price of oil goes down....but even tho our dollar has been on the rise, its odd that the dollar goes up a lil bit...oil just JUMPED like never before...i belivie something was goin on....


hell, Gunner, did you read aobut that company in Denver that was gettin like sex, and cars n shit for givin people huge in's on oil? the oil companies are always rapein the normal people....

Wellll, I understood the power of the dollar, but I didn't think that people could simply say oil was getting low and cause a change in price.

Afterall, ... we buy oil from the middle eastern countries, who hasn't changed the price since the beginning of time. In other words, same amount of gold, when it takes more paper to represent an amount of gold, we have to spend more paper to trade for that oil.

So the idea that somebody somewhere inbetween can just go OH *$#! OIL SHORTAGE and the price raises seems a bit out there to me.

O_o

lol....go look @ OPEC


lucky for us, Saudi Arabia is our bitch...n walked out on them

extasy never hurt anyone...

That doesn't explain much about the big, black, gaping holes it puts in different parts of your brain now does it?

Gas is only up because of the hurricanes.. Last Thursday, gas was $3.55 here. I drove by the gas station Tuesday and it was $3.99. When the Ike hit Texas, they shut down a lot of the refineries. People started panicking thinking there would be a gas shortage and starting filling up their tanks, which then caused the prices to go up. It's all supply and demand. Supply was down. Demand went up. So up goes the prices.

As for the stock market.. I'm waiting it out a bit and will continue averaging in for my mutual funds. I'm pretty sure my retirement account is getting killed right now. The chances of mutual funds going to nil is like zero, so I'm not too worried. When the market turns around, I should be good.