View Single Post
  #5   Report Post  
posted to rec.boats
Wayne.B Wayne.B is offline
external usenet poster
 
First recorded activity by BoatBanter: Jan 2007
Posts: 2,536
Default The economy *is* stupid ...

On Wed, 23 Jan 2008 17:13:03 GMT, Short Wave Sportfishing
wrote:

When you can move the price of a barrel of oil up $2. because of fog
in the Houston Shipping Channel or $2 because of a backlog at the
LOOP, that's pure speculation moving the market up - not fundamentals.


It's an expectation of a possible change in the fundamentals.