A big one, from Bill Gates himself said. No depression, no major  recession. "it looks like the economy may go down somewhat (not can or will go down), but only may go down somewhat, nothing like a big recession or a depression. He added.  

teeth53 tot: He is in deed worry more or less that his business, along with big boys like Dell, HP and so will be useing less of his products as less ppl's got $$$ for his big tickets items.

teeth53      ( Date: 05-Oct-2008 08:20) Posted: Living in denial, yet again and again...Just human...Ya  Posted: 20-Jul-2008 21:14 Fallen on deaf ear....19-Mar-2008 Straits Times Index / STI to cross 3000 boosted by long-term investors (Cut n paste from SJ Forum). Third Phase..Credit cruching, expecting to see a few more Sub-Prime woes victims. ()..so far, more of this is coming.... I am very patience, awaiting for those news.....

For all your oil news..happening in US...Special Report Energy Fix

http://money.cnn.com/news/specials/gasprices/index.html

Oil drifts down after House vote on Concerns about falling demand persist as investors mull bailout impact.

In all good faith...Director, Corporate Communations. Energy Market Authority (EMA) did explains it spike on fuel oil, natural gas & it electricaity charges. Sat, Oct 4, 2008 ST paper (forum-page-A36)

Me think (alternate view) end of the day it will be alot more money to shares holder value and it Directors and also more then enuff to cover staffs salary and operating cost.....Ya. So a very negative reflection, it will effectively increases imposed on majority on higher cost of living standard for this 4th Q, and a very well regulated none option choice that everyone got to pay for it.

I believe some may not afford to pay more for those poorer citizens when those bills reach them this 4th Q (Oct - Dec 2008).

However spreading out those bills to all it citizen. Is this the only option ?, is there a better way to market increases every quarter, to soften the impact of "tariff hike goes against common sense" on the revision in the electricity tariff, a more common sense idea approach to sell it tariff increases (none option) to all general public and it citizens need to be more elaborated...Just borrowing a recently happened incident (an idea) why M'sia suddenly increases it oil pump prices by more then 40% that caused stress and un-happiness among it. Agree nation cannot subsidies...

No element of surprises, Please, in good faith. Hope there's will, there is a better way for all of us..

With Best Regards

Meanwhile he's making bold dream...Which is which?. <$50/- , under $68/-, under $75/- or <$90/-

http://money.cnn.com/2008/10/01/news/economy/rainwater_okeefe.fortune/index.htm

NEW YORK (Fortune) -- Back in May, when oil was at $129 per barrel and rising, billionaire investor Richard Rainwater did something as prescient as it was shocking: He sold off all the energy stocks he owned.

Now he's making another bold move: He's betting on oil again.

A few weeks ago, when the price of oil tested a low near $90 per barrel for the first time in many months, Rainwater decided that he had found the right reentry point. "I reinvested back in the oil business, and it's worked out really well for me," he told me the other day. "I bought Exxon (XOM, Fortune 500) stock under $75. I bought ConocoPhillips (COP, Fortune 500) under $68. I bought Pioneer Natural Resources (PXD) under $50. I bought BP (BP). I bought Statoil. I made a big bet on the sector. I bought a lot of stocks back."

Tee tot: Bailout plan, successful or not. US is moving / edging more toward deeping recession (WATCH oil movement). Move on Goldman Sachs...right move (5Bil), move on GE (3Bil)...don't seem right...as Buffett support fails to lift GE

Light, sweet crude for November delivery was down 35 cents to $93.62 a barrel in electronic trading on the New York Mercantile Exchange by midafternoon in Singapore. Prices fell overnight $4.56 to settle at $93.97 a barrel, the lowest level since Sept. 16. (WATCH oil movement)

Since the credit crisis started, Buffett has made a $5 billion investment in Goldman Sachs (GS, Fortune 500) and a $3 billion investment in General Electric (GE, Fortune 500).

Oil prices steady above $93/-. Crude prices stabilized around $93 a barrel, a day after tumbling nearly $5 amid jitters over the bailout and the economy.

Light, sweet crude for November delivery was down 35 cents to $93.62 a barrel in electronic trading on the New York Mercantile Exchange by midafternoon in Singapore. Prices fell overnight $4.56 to settle at $93.97 a barrel, the lowest level since Sept. 16. Personnally do not understand this whole concept of tapping more money from us to cover their (more) profit and also leveling into a very, very wrong idea, wrong timing and wrong move.