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Ace Hanlon

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Ace Hanlon

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Re: otraque post# 313738

Friday, 10/22/2004 5:44:48 PM

Friday, October 22, 2004 5:44:48 PM

Post# of 704041
The powers that be just hiked oil trading margin requirements for the second time this month. Obviously trying to knock down crude prices -- juicing the stock market and Bush's election chances.

This greatly increases the odds of a strong stock bounce Monday IMHO. But look out below if oil keeps climbing despite this latest attempt to halt the surge.

“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi

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