View Full Version : It's official. We are in a bear market.
Oil has dropped 20% in price. (http://biz.yahoo.com/ap/080806/oil_prices.html?.v=19)
Why are you so excited right now? This 20% has not resulted in a 20% price drop at the pump so who cares. It is still too freaking expensive. I say, why not save your energy till it drops to around $2/gal. Then you can say they are doing something.
The journey of a thousand miles begins with a single step.
FWIW we are at $3.459 down from $4.149 here. It was down to $3.399 but jumped back up a little.
08-08-2008, 11:27 AM
down to low $3.50's here, down from a shade under $4 not too long ago. You may recall a picture I posted of my Guiney Pigs recently (guinea pigs, deeman /forums/images/%%GRAEMLIN_URL%%/smile.gif ), still working on traning them to run the wheel. Then my biggest worry on traveling expense side of things would be the price of Kale and Timothy Hay.
08-08-2008, 11:29 AM
I spend a bunch each month of Coastal Bermuda and Alfalfa for horses than don't leave the pasture more than once a month. I once figured DeeWoman was spending $3,900 a mile for her rides. Whoaa ther, she is a housewife, so I spend that mucha mile! /forums/images/%%GRAEMLIN_URL%%/smile.gif
08-08-2008, 11:47 AM
I coulda used some of that money deeman. Stop proving the point on lack of trickle down. How about you and I show them... just toss some of that money down my way /forums/images/%%GRAEMLIN_URL%%/wink.gif
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">The journey of a thousand miles begins with a single step.</div></div>I don't think my post disagreed with this. Who gets so excited on the first step of a 1000 mile trip?
I do when I'm escaping disaster.
08-09-2008, 04:36 PM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: LWW</div><div class="ubbcode-body">I do when I'm escaping disaster.
You leave the house?!?!?!?!
08-09-2008, 06:35 PM
If anything, lww who claims to know everything about everything...shows a complete lack of understanding market dynamics with his post. It's higher oil prices that will negatively affect stock prices.
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