06-04-2008, 08:26 PM
I think a false assumption that a lot of people are making here is that all this "created" wealth like what Andy talked about is a good thing and how the market should have stayed. Like I said, this is a correction, not a crisis.
Dave, one of the biggest factors in gas prices right now is oil speculators and commodity investors. The money that investors took out of the .com bubble when it burst and put into the housing bubble are now putting it into oil and commodities since the housing bubble burst.
Where are in a bubble market cycle, and it really really sucks.
Dave, one of the biggest factors in gas prices right now is oil speculators and commodity investors. The money that investors took out of the .com bubble when it burst and put into the housing bubble are now putting it into oil and commodities since the housing bubble burst.
Where are in a bubble market cycle, and it really really sucks.