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ROB NEILL

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Articles Posted: 45  Links Seeded: 33
Member Since: 2/2008  Last Seen: 5/17/2012

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Oil is wild card in predicting stocks' rebound

Seeded on Fri Jun 27, 2008 5:36 PM EDT
Read ArticleArticle Source: msnbc.com
business, msnbci, stocks-economy, marketupdates
Seeded by Rob Neill
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Investors who remember the stock market's steep and prolonged decline earlier this decade may be wondering if the recovery from Wall Street's current morass will also take several years to accomplish.

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  • Public Discussion (16)
Rob Neill

When do you think stocks will rebound?

    Reply#1 - Fri Jun 27, 2008 5:36 PM EDT
    miser

    when the dollar's value begins to rise against other world currencies

    since we borrow from other countries to pay for tax stimulus, war costs, bank bailouts, it will continue to weaken

    oil will appear to "rise" as the dollar falls

      #1.1 - Mon Jun 30, 2008 11:15 AM EDT
      Reply
      jake-288926

      they probably wont

        Reply#2 - Sat Jun 28, 2008 10:47 AM EDT
        jojocarp

        dose anyone know the true value of the dollar any more,and if any one knows exactly what it is the whole world would like to know.

          Reply#3 - Sun Jun 29, 2008 12:16 AM EDT
          miser

          it's only valuable as long as the world continues to buy and sell with it

          soon other countries will begin buying and selling in Euros, Riyals, Rupees etc as the dollar continues to decline and hurt them to hold onto it and lose value

          only the companies based outside of US, such as Cheney's Haliburton / KBR that left Houston recently are making hand over fist by also not being taxed, yet claim to be a US company

          2002....one euro was worth .80 dollars

          now, 1 Euro is worth 1.6 dollars

          a total flip....

          still want it to fall? vote for more war and high profits from the companies that benefit from wars and leaders like GW who are tied to the Executives who need wars to continue

            #3.1 - Mon Jun 30, 2008 11:17 AM EDT
            Reply
            walkman1956

            The oil companies are bankrupting every facet of business in our economy,yet our so-called elected leaders are sitting by and watching us sink. They have their dog and pony shows with the CEOS of big oil in front of Congress that accomplishes Jack. They have to be hit,and hit hard,with a windfall profits tax,a hefty percentage also. They must pay monthly fees for areas they own but will not drill on. It is a shame what this administration has let this country and its' people sink to. Until we get these bums out of office,nothing will quell the price of oil.

              Reply#4 - Sun Jun 29, 2008 12:36 AM EDT
              RICK-331120

              I want to see gas cost 100.00 a gallon!

              Last year gas was about 3.00 a gallon and people were complaining. This year gas is up 25% to about 4.00 a gallon. (Gee, that seems like a lot bigger increase than the cost of living and infation).

              Now I see articles that say gas is going to cost 7.00 dollars a gallon soon.

              I love rising gas prices - WHY? Because the more gas costs the more it makes people start thinking about pushing for the development of renewable energy so we can all tell the oil companies and OPEC to kiss off, and because we wont have to worry about being able to buy food.

              If you remember your history lessons, you'll recall that we have only became depentant on oil in the last 100 years. Before then Americans got along just fine WITHOUT oil.

              Of course there are more of us today than there were 100 years ago - which is ALL THE MORE REASON to stop depending on oil for our energy!

              Afterall, the oil is going to run out, whereas renewable energy won't!

                Reply#5 - Sun Jun 29, 2008 5:35 AM EDT
                us citizen-319693

                o yes big oil knows this i can't wait.
                go renewable energy.
                they also know they can charge what they want (what we are running out of sun)

                  #5.1 - Sun Jun 29, 2008 1:07 PM EDT
                  miser

                  I think seeing the gas cost for one fill up hit 84dollars is what did it for me

                  now we fill up only at paydays and limit driving to an extreme

                  we are not just going to "just go shopping and driving" and act like the terrrists are not winning

                  by invading Iraq and allowing their pipelines to be sabotaged....what do you think happened to the price of crude oil each year..

                  duh....

                    #5.2 - Mon Jun 30, 2008 11:13 AM EDT
                    Reply
                    B-Realistic

                    I would just love to see a few articles on what the oil speculators are doing to the market for once. With very little margin costs to aquire huge oil future contracts and billions and billions and billions of hedge fund money to do it with they are the new robber barons of the world oil market. They aren't oil users just pure market speculators. They are driving the price of oil through the roof due to their own greed yet one very rarely sees the truth behind these giant up and downswings in oil prices. All one sees are articles about ours supplies dwindling and the extra use of oil in china being responsible for it all. NONESENSE! The true price of oil should be half the amount it is now or less if the market wasn't run by these thieves. Even the Saudis own experts say so as do a a few enlightened people who study this market.

                      Reply#6 - Sun Jun 29, 2008 9:53 AM EDT
                      Arcturus

                      Oil prices are not about speculators, it is about supply and demand. Do you think the speculators are just making money trading off of each other? Prices are rising because world demand is rising - simple. I agree with the earlier poster who likes high gas prices. We are just postponing the hard changes we have to make to get off the oil jones. As for the stock market, I have never been more worried about the long-term market. I'm afraid the "hard changes" in energy usage I mentioned previously will have to be in process before the market will truly recover; and that process is most likely a generation-long undertaking, not measured in months. Things are going to get interesting.

                        Reply#7 - Sun Jun 29, 2008 10:04 AM EDT
                        miser

                        what about invading Iraq that was pumping out 2 million barrels a day back in 1.25 a gallon days?

                        what did reducing the word's supply of oil do?

                        guess who wants back in the country after Saddam threw them out?

                        Exxon Mobil, Shell, Total and BP

                        guess what troops were guarding as the invasion kicked off? their old factories and refineries

                        limit supply, control the demand

                        "Mission Accomplished"

                        thanks, GW

                          #7.1 - Mon Jun 30, 2008 11:11 AM EDT
                          Reply
                          us citizen-319693

                          this time we have better technoiogy and getting better it's only time.

                            Reply#8 - Sun Jun 29, 2008 1:16 PM EDT
                            miser

                            this is the new Soap Opera....

                            "as the dollar continues to fall...these are the days of our lives"

                              Reply#9 - Mon Jun 30, 2008 11:09 AM EDT
                              JoAnne-357926

                              With the billions of dollars being spent on outer space, why can't that be used to help fund technology for renewable energy. Space exploration may be important to some, but American lives are much more important. I simply cannot believe that that money cannot be used to help us NOW.

                                Reply#10 - Mon Jun 30, 2008 11:14 AM EDT
                                Anna-299048

                                Hate to say this but nothing is going make life 'easy' in the US again until 1)The population of the planet takes a nose dive. 6 billion plus people! The planet can't feed that many. 2)Education, education, education. I saw that 50% of our kids aren't finishing high school. How can we compete in the world if we can't read? 3)Citizens have to think about the future 20 years, not just tomorrow. Starbucks is going under - I almost laughed. $4.00 coffee, who do we think we are? Until we come to realize that what we're doing to our Mother Earth has a direct link to how the US can live, nothing changes.

                                  Reply#11 - Wed Jul 2, 2008 5:36 PM EDT
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