I agree that their will not be an oil embargo,that would be stretching it to far.
The only country that needs to disrupt the oil production is Iraq, which controls 6% of the worlds output,enough to cause the west a great deal of problems.Would that happen,who knows.Saddam is an individual who would try just to make a point and really doesn't care about his people or his economy.The aid for oil is already showing that most of it go's to him and his croonies,with some that does filter down.
Arafat is the problem and his philosophy on peace is based on the old school thought of violence to achieve it.Will other Arab nations get involved,I doubt it,but the radical splinter groups are determined not to have peace and it is because of these groups that make peace so difficult in that area of the world.After all,that is where the three religions started and the most deeply hated and dispised and contempt that people have for each other and it has been going on for 3000 years and will continue until there is no more.
Israel has the ball and is very keen on keeping it and I don't blame them,since they have been kicked around for that many years and it is about time that they did something more than that march they did 50 years ago.
Saudi Arabia,yes it will take years before that breaks up.Their family is very large and it's their youth in the family that really enjoy what we have in the what they call the decadent west,nothing but a bunch of hypercrites if you ask me.
Opec,now there is a commitee that really does not bow to what the west says.They have shown in the past,that their interests come first and output is based on what they feel is to their best benefit and will not be dictated too.
New production if it were to start tomorrow is still five years off.I feel the price of oil will stay at these present levels at least through March 2001,then it will drop somewhat.But the slowing of the economy is already showing signs and corporate profits are already being factored into the market.The ero is falling against the dollar making it very difficult for borrowing and expansion,thus in turn will hamper ecomomic growth,but it will be a slow process and all is based on the oil factor and the severity of this winter season.
The new economy had it's tree shaken and the week companies ie .coms have been taken out and it will be this sector that will show the biggest gain.If this continues,the economy slowing up,Greenspan will lower interest rates probably in the first quarter of next year and the severity of this depends on how much he lowers it,25% 50%.
But after all said and done,I am and will always be an optimist and very bullish on the market.I believe in the market no matter what shape it is in,as there will always be opportunities and companies to invest in.
Selkirk,That is a rough take on it in my view and if you ever visit Raging Bull,the stock message board,look me up.my handle is VAROK and some of my companies are FONX,ZKEM,DNAP,ARET,SVRI.
Good luck and solid investing.
The only country that needs to disrupt the oil production is Iraq, which controls 6% of the worlds output,enough to cause the west a great deal of problems.Would that happen,who knows.Saddam is an individual who would try just to make a point and really doesn't care about his people or his economy.The aid for oil is already showing that most of it go's to him and his croonies,with some that does filter down.
Arafat is the problem and his philosophy on peace is based on the old school thought of violence to achieve it.Will other Arab nations get involved,I doubt it,but the radical splinter groups are determined not to have peace and it is because of these groups that make peace so difficult in that area of the world.After all,that is where the three religions started and the most deeply hated and dispised and contempt that people have for each other and it has been going on for 3000 years and will continue until there is no more.
Israel has the ball and is very keen on keeping it and I don't blame them,since they have been kicked around for that many years and it is about time that they did something more than that march they did 50 years ago.
Saudi Arabia,yes it will take years before that breaks up.Their family is very large and it's their youth in the family that really enjoy what we have in the what they call the decadent west,nothing but a bunch of hypercrites if you ask me.
Opec,now there is a commitee that really does not bow to what the west says.They have shown in the past,that their interests come first and output is based on what they feel is to their best benefit and will not be dictated too.
New production if it were to start tomorrow is still five years off.I feel the price of oil will stay at these present levels at least through March 2001,then it will drop somewhat.But the slowing of the economy is already showing signs and corporate profits are already being factored into the market.The ero is falling against the dollar making it very difficult for borrowing and expansion,thus in turn will hamper ecomomic growth,but it will be a slow process and all is based on the oil factor and the severity of this winter season.
The new economy had it's tree shaken and the week companies ie .coms have been taken out and it will be this sector that will show the biggest gain.If this continues,the economy slowing up,Greenspan will lower interest rates probably in the first quarter of next year and the severity of this depends on how much he lowers it,25% 50%.
But after all said and done,I am and will always be an optimist and very bullish on the market.I believe in the market no matter what shape it is in,as there will always be opportunities and companies to invest in.
Selkirk,That is a rough take on it in my view and if you ever visit Raging Bull,the stock message board,look me up.my handle is VAROK and some of my companies are FONX,ZKEM,DNAP,ARET,SVRI.
Good luck and solid investing.
