Tuesday, October 28, 2008

Overlooked (by me) good news

I'd have lost big had I been betting on oil & gasoline futures!

Gasoline at cheapest price since March 2007

Oil slides below $63 as recession worry dominates
[... ignore for the moment the cloud surrounding this silver lining: "... as recession worry dominates".]

Will cheaper gas be enough to rescue Detroit?
... Nah - it'll just confirm for the Big 3 that they've been right all along to bet on SUVs!]

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