kadee79
Senior Associate
S.W. Ga., zone 8b, out in the boonies!
Joined: Mar 30, 2011 15:12:55 GMT -5
Posts: 10,871
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Post by kadee79 on Sept 15, 2012 10:43:54 GMT -5
What is it going to do to our stocks besides raise the price of oil? Anyone have any good guesses?
Obama has formally informed Congress of sending security troops into Libya & Yemen. Does that change anything? Will that make military contractors stocks go up?
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ModE98
Administrator
Start Investing admin
Joined: Dec 20, 2010 16:11:39 GMT -5
Posts: 4,441
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Post by ModE98 on Sept 15, 2012 11:19:43 GMT -5
kadee... things will play out more clearly in a week or two, after the smoke has cleared, and more common sense begins (hopefully) to take hold. The election in Nov will tell us more too. We know quite well what to expect if Obama is reelected. Romney is a question mark, probably much more confrontational in foreign relations and it would appear more supportive of the military/industrial complex. So if Romney is elected it would likely give the defense contractors a market boost. <just the way it appears to me>
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tyfighter3
Well-Known Member
Joined: Dec 20, 2010 13:01:17 GMT -5
Posts: 1,806
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Post by tyfighter3 on Sept 15, 2012 11:39:47 GMT -5
I've never seen any common sense come out of the ME yet. Yes, Oil and Gas will go higher. Over the last 4 years , we as a country, could of helped us as a country, to get us closer to becoming Oil Independent. Thank you Private Enterprise for leading the way so far in that endeavor. Obama was a question mark when he was elected, and after 4 years, another question mark may not be to bad at this point in time to have in place going forward. JMO
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Aman A.K.A. Ahamburger
Senior Associate
Viva La Revolucion!
Joined: Dec 20, 2010 22:22:04 GMT -5
Posts: 12,758
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Post by Aman A.K.A. Ahamburger on Sept 15, 2012 23:38:55 GMT -5
Always look at associations.
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Sum Dum Gai
Senior Associate
Joined: Aug 15, 2011 15:39:24 GMT -5
Posts: 19,892
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Post by Sum Dum Gai on Sept 16, 2012 2:46:29 GMT -5
My gut says, probably nothing. The whole thing will blow over in a week, and be all but forgotten about in a few months. Just like that preacher in Florida that organized a koran burning. It gets people riled up for a bit, then blows over, until the next moron comes along and does something stupid.
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Aman A.K.A. Ahamburger
Senior Associate
Viva La Revolucion!
Joined: Dec 20, 2010 22:22:04 GMT -5
Posts: 12,758
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Post by Aman A.K.A. Ahamburger on Sept 17, 2012 0:46:36 GMT -5
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