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VK2AAB > FUEL 03.06.09 08:43l 28 Lines 875 Bytes #999 (0) @ WW
BID : 2765_VK2AAB
Read: GUEST
Subj: ASX, FT100, Dowe, Oil Price implications
Path: DB0FHN<DB0RGB<OE5XBL<OE6XPE<DB0RES<ON0AR<HS1LMV<CX2SA<VK7AX<VK2TGB<
VK2IO<VK2AAB
Sent: 090603/0327Z @:VK2AAB.#SYD.NSW.AUS.OC #:2765 [SYDNEY] FBB7.00i $:2765_VK2
From: VK2AAB@VK2AAB.#SYD.NSW.AUS.OC
To : FUEL@WW
Hello All,
I have been watching the ASX, share prices and the oil price.
For months they have been tracking closely.
It will be worth our time to keep a watch on this.
In particular watch for the oil price to enter the airline death zone around
US$90 to US$100 a barrel.
At that time it will have started to have ill effects on industry and petrol
prices will rising again.
However while the airlines are the real canary in the mine, watch out for a
spike in the oil price.
If that happens we will be back in a new crash cycle.
If it happens you should think hard about what to do.
I am not advising you to do anything, that would be illegal.
However those who legally give you advise believe in fairies at the bottom of
the garden.
Please fasten you seat belt while the light is on.
73 Barry VK2AAB
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