Posted by stockoperator > 2014-11-22 02:57 | Report Abuse

We dont have to agree on what foreign paper is saying about our economy:

1.if oil above 80 is Buy call and oil below 80 is a sell call on our economy then how many in a year that we have to Buy and Sell.

It is Not a good reason to be Panic.

2.While oil and gas sector are hurting, lots of local industry and consumers are also benefiting from lower oil price as well. Overall net effect might not be so Bad.

Who is Happy with high oil price anyway?

3.anyway the price drops is Due to perceived Big supply coming on stream which might not be the case.

As long as the Demand is not declining, the price drops might be temporary. At current price, supply has to be slow.

Overall oil price is hardly an Economy Indicator.

4. look at ten years chart of Oil price, it has been below 100 below 80 most of the time for past ten years.

Business just needs to have its own adjustments. It is Not like we cannot be flexible, right?

5. The result is Slow Growth which is Not the End of the World and Disaster.

Well the fact now is a margin squeezed at the moments. No more No less. Dont blow the situation Out of Proportion.

Posted by optimusr > 2014-11-22 03:25 | Report Abuse

Say whatever make u feel better, but its the foreigner that lend u the money n the investment, as well as mark your country report card.