06-20-2008, 11:34 PM
Next 3-4 months we should watch couple of thing in US -
1) Pressure from GOP on Democrat Congress to open offshore drilling
2) President will keep veto pen active till some news of drilling whether Alaska or offshore
3) Timing of opening of oil reserve. ( My guess after Democrat convention and before GOP). It will go well with Olympics, I mean it will put this games in loss again, and financial burden on China.
4) Couple of banks will collapse.
5) More Hedge fund manager will be behind bar.
1) Pressure from GOP on Democrat Congress to open offshore drilling
2) President will keep veto pen active till some news of drilling whether Alaska or offshore
3) Timing of opening of oil reserve. ( My guess after Democrat convention and before GOP). It will go well with Olympics, I mean it will put this games in loss again, and financial burden on China.
4) Couple of banks will collapse.
5) More Hedge fund manager will be behind bar.