This is a comment from a pretty good market timer, Mark Liebovit of VRTrader is his portforlio update today on VZ and Mr. Chavez's attempt to play hard ball with the US over the Exxon issue. I said earlier that Mr. Chavez's behavior is like cutting of his nose despite his face and I cannot believe he is messing around with his revenue streams. Does he think he is going to win? Poor people of VZ and international investors trying to make a dollar with investments in VZ. Here is the comment from VRtrader.

"Hugo Chavez is threatening to cut off supply to the US as payback for Exxon getting the courts to freeze Venezuela's offshore assets. Oil is obviously higher on this news, but I wonder if this actually helps the stock market. Hugo Chavez is looking weak. He thought he could steal Exxon's assets in Venezuela without repercussions (like the Saudis did decades ago), but now he is learning how the big boys play international capitalism. And can Venezuela really afford to stop selling oil to its largest customer? I'm sure we haven't heard the last as far as this story is concerned."