Newbie 0 #1 November 8, 2006 Can someone please explain why tech and energy in particular are strengthening as a result of Democrat gains. Thanks "Skydiving is a door" Happythoughts Quote Share this post Link to post Share on other sites
alw 0 #2 November 9, 2006 The Dems have a propensity to believe that technology rather than hard work can solve any problem. Ever been to a Dems home? they all have those robot vacuum things. In addition, is you look at pictures of the Dems you see that they all have blown dry big hair - using those blow driers takes tons of energy and they will all be competing for the biggest - ergo - most energy demanding hair. --------------------------------------------- Every day is a bonus - every night is an adventure. Quote Share this post Link to post Share on other sites
Cornholio 0 #3 November 9, 2006 Who the fuck cares?!?! I'm making buttloads of cash right now. Butthead: Whoa! Burritos for breakfast! Beavis: Yeah! Yeah! Cool! bellyflier on the dz.com hybrid record jump Quote Share this post Link to post Share on other sites
waltappel 1 #4 November 9, 2006 QuoteCan someone please explain why tech and energy in particular are strengthening as a result of Democrat gains. Thanks It has me really confused too--especially the energy stocks. I expected them to go up, but for a different reason. I suspected the Bush administration was keeping the price of gasoline artificially "low" to make the Republicans look good and that the price would go up after the elections if the Republicans won. I would think, though, that big oil companies would be worried about a Congress controlled by the Democrats. BTW, I really don't get why Suncor has a higher P/E than Exxon and Shell.' Walt Quote Share this post Link to post Share on other sites
Newbie 0 #5 November 9, 2006 QuoteQuoteCan someone please explain why tech and energy in particular are strengthening as a result of Democrat gains. Thanks It has me really confused too--especially the energy stocks. I expected them to go up, but for a different reason. I suspected the Bush administration was keeping the price of gasoline artificially "low" to make the Republicans look good and that the price would go up after the elections if the Republicans won. I would think, though, that big oil companies would be worried about a Congress controlled by the Democrats. BTW, I really don't get why Suncor has a higher P/E than Exxon and Shell.' Walt Bush wasn't keeping oil low - it dropped off by about 25% across the board, here in the UK too. Supply has caught up with demand and exceeded it - coupled with a few OPEC members introducing cuts on their own without the cartel making a unanimous decision, and it's helped keep them low as they flounder about trying to work out what to do. As for Suncor - i don't know much about that company to be honest, but i know PE ratio's mean almost next to nothing without being compared to a myriad of other data and commentary about what's going on within the organisation so i wouldn't pay too much attention to that by itself. "Skydiving is a door" Happythoughts Quote Share this post Link to post Share on other sites
