Sharing Knowledge in Smallcaps

[Frank Pembleton]

Tim, my guess is that the markets are going to be rough until the Iraq issue is cleared up. Clarity... we want clarity, and until then, I sincerely doubt we'll see anything positive in the markets.
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Despite the fact that there is 40% less drilling this year (over last) natural gas inventories are sitting at a 5-year high? Economic activity has certainly shrunk... despite that, the price of fuel isn't falling either .... So much for the deflation argument-- seems like anything you buy with credit is falling in price. Everything that falls into the necessity category is going up... insurance, gasoline, movie tickets and especially, groceries.

Regards,