McCAIN, OBAMA WHO WINS

IF THE ELECTION WERE HELD TODAY OR IN NOVEMBER 08, McCAIN WOULD WIN. IT WILL BE A LANDSLIDE WIN. THERE ARE MANY REASONS FOR HIS COMING VICTORY. THE BIGGEST BEING OBAMA'S YOUTH AND LACK OF EXPERIENCE. IT IS ALWAYS FUN TO PREDICT, AND SAY I TOLD YOU SO.

OIL AFTER THE OLYMPICS

OIL IS HEADED DOWN, DRIVEN SOUTH BY THE APPRECIATING DOLLAR AND LOWER DEMAND. THE DEMAND FROM EMERGING ECONOMIES SUCH AS INDIA AND CHINA WAS OVERRATED TO START WITH.

ONCE THE OLYMPICS ARE OVER EXPECT THE OIL TO BE DELOW $100, TRADING BETWEEN $90-$100. THE CONSUMER IS SPOOKED, THE DEMAND FOR OIL WILL CONTINUE TO DECLINE.

THE OIL BUBBLE HAS BURST AS PREDICTED.

IN MY JUNE POST, I HAD PREDICTED THE BURSTING OF THE OIL BUBBLE. SO IT HAS.
HOW FAR DOWN WILL OIL GO. IT IS POSSIBLE TO SEE $70-$80 PER BARREL, BY YEARS END. CONSUMERS HAVE WOKEN UP AND ARE MOTIVATED TO CONSERVE AND USE LESS OIL. SO $ 75/BARREL IS A REAL POSSIBILITY,

THE MAJOR FINANCIAL COMPANY ANALYSTS PREDICTED OIL GOING TO $200/BARREL
THEY WERE WRONG ON SUB PRIME , AND ON OIL. MAY IT IS TIME FOR WALL STREET TO BE IN TOUCH WITH MAIN STREET.

OIL EVEN NOW PROVIDES THE BEST BANG FOR THE BUCK, ie IT PROVIDES A QUICK SOURCE OF ENERGY AND POWER. TILL A REAL ALTERNATIVE COMES ALONG OIL WILL BE MAIN SOURCE OF VEHICLE POWER.