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jps wrote:
On Wed, 21 Jan 2009 00:39:31 GMT, Wizard of Woodstock wrote: On Tue, 20 Jan 2009 18:24:32 -0500, "Eisboch" wrote: "jps" wrote in message ... That's what caused $4 gas, not supply/demand. Get an education please. Please explain the drop from $140/barrel to $34/barrel when the demand tanked. Pure speculative bubble burst by the absence of free money with which to speculate. Hooray! Are you listening Eisboch? Thanks Tom. When I stopped by the bank Saturday, I think the mortgage rate chalkboard said standard second trust mortgages could be had for a 4.1% fixed rate. Anyone dumb enough to still have confidence in the stock, commodity or futures markets could take out a big second trust and speculate to their heart's content. |
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