Posted by: Guest4 October 5, 2006
Dow @ Record High
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It's all because of the coming up election. Bush pleading Saudi prince to keep oil coming--so oil prices at its lowest in the recent months. Bush got lucky--no threatening hurricanes forecasted this season. Makes Gulf region frenzy. Hence, keeps oil prices down. Low unemployment (4.5%?) Fed hinting to lower interst rates --housing slump. Economy growing moderately. -------------------- It's all rosy before the election. TIE--I wouldn't go for it at least for the next few months. (Housing slump)
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