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Old 04-23-2008, 02:12 AM   #1
nabsgood

Join Date
Oct 2005
Posts
385
Senior Member
Default The Market Today!?
Wow!

DOW down so far 130 points. Crude is up well over $2 for the day at $119 and some cents that are close to $120! Unleaded gas is up 4 cents to $3.02 and all the metal is up quiet a bit. Dollar is again weaker today, and when did the Euro pull $1.60? They are getting extremely close to the UK $1.99! Euro is getting crazy high! I just noticed that. No wonder why BMW and VW are wanting to export more jobs to the US!

Analysts seem like they have no idea what is going on. Some think that Crude will go back down and settle to $80 or $90 a barrel, and some think that it will peak at $125/barrel before it drops. Doesn't seem like it though with how fast oil is going up. There is no news on why it is going up, but it was up well over $1 yesterday and well over $2 today so far. US fuel consumption is down, stock is up, no plants or production going offline, no threats, and just tons of discoveries that usually drop the price a few dollars for at least a week, and prices are just still going sky high!

Now, with me being 19, gas is my #1 worry, and at $3.02 that translates to $3.40/$3.50 at the pump for regular!
What is going on with the market and where is my motorcycle!



I am thinking of selling my Z car because of this crazy fuel prices. It is a project car that is asking at least $10k from me, and what would be the point in having it when I will be paying almost $4/gal for premium and only get 16mpg average! I would never drive the damn thing especially with my income!

What I really need is a motorcycle dammit!
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