Saturday, July 5, 2008

First Post-edited

Well hello to my blog. My name is Omar Pasha and I love to trade the forex market. The only problem I have little experience. And on top of that I've never made more than I put in so I decided to get help by well blogging about it. Since this is the first post I won't over predict or reach because well I might not have the internet in the house. In that case I can just go to the library because its free-gotta love that.

Internet observations:

http://www.nytimes.com/2008/07/06/business/06tank.html?_r=1&hp&oref=slogin

Which proves some in america are getting the old squeeze put on them by the gas. It just won't go back down. I for the life of me cannot explain the lack of rage and distain by the american consumer. It just proves that denial runs far far far from egypt. In fact it runs right into the american phyche. Wow that's quite a river.
I can see the pain on peoples faces-snug like a bug in the rug minus about 100 per month. The numbers only get worse as the true price of life becomes apparent. High gas means all econonic decisions will involve walking, biking or just plain not going to happens. For me, my break down price is about $5.20+per gallon. I only put 5-8 gallons of gas in my tank per week. So I only spend about $40 per week in my car. I live about 10 miles from work. Wow I sound cheap. What kills our family is morgtage. We pay over $2500+ per month. It is going to reset next year so we have self-screwed ourselves just with the roof over our heads. Like gas that number will only go up. OUch.

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