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S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,446.00
(
2.17%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.77
(
0.00%
)
Bitcoin
63,990.02
(
0.15%
)
Post# of 704019
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Zeev Hed

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Zeev Hed

Re: extelecom post# 500570

Thursday, 09/21/2006 8:21:18 AM

Thursday, September 21, 2006 8:21:18 AM

Post# of 704019
Yes, lower crude may spur some consumer demand, but that may be already factored in, particularly with the additional fact that housing in in a "funk" and contribution from the housing industry to GDP is probably greater than the impact of lower energy prices on consumer spending abilities. Right now I do not have a "nassacre", we never got the deep excess enthusiasm required for that. Even here where the Dow and spoo are printing multi years highs, we still do not have excess enthusiasm.

AZH

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