eastbay wrote:Nonsense Plantagenet, if we get another nasty second dip all it will take is patience. The good stuff is the best investment no matter what happens. One just may have to ride a few ups and downs, that's all.
eastbay wrote:http://www.cnbc.com/id/33236976
Davep, Jim says you are on the right path.
WyoDutch wrote:I had my 500-gallon gas tank topped off and bought another diesel bulk tank.
.
That's the best I could do right now... As I invested in a snow cat...a diesel-powered 4-wheeler... another 6 months supply of chow and 2 more cases of ammunition.
evilgenius wrote: Oil company stocks tend to be cyclical. During the winter they usually fall. December or early January is usually a good time to buy. The spring run-up to the summer driving season or early summer itself can be good times to sell. Also there can be a rebound right about now, early winter.
I don't know how long the oil company's cyclical stock price behavior can continue. You would expect fundamentals to enter in and set new floor prices as the big picture becomes more public. Another recessionary dip, though, would take up a lot of the slack money that would otherwise find the oil companies.
evilgenius wrote:I also think the dividends that established producers like the Canadian trusts offer are hard to ignore. They are on the wane, but market mania could buoy their prices up (the prices of the one's making moves to edge into oil sands while still relying on conventional) as the oil sands become uber hot closer to 2020. While you wait you would get paid to hold. The game is nothing to sneeze at considering the interest rates they offer. You could double your money while you wait.
evilgenius wrote:I don't know how long the oil company's cyclical stock price behavior can continue. You would expect fundamentals to enter in and set new floor prices as the big picture becomes more public. Another recessionary dip, though, would take up a lot of the slack money that would otherwise find the oil companies.
Revi wrote:I bought USO at $30 in January, then watched it drop to around $25. It's been crawling back up, It's now at $37.03. I'm glad you say to buy oil now, but what I'm going to do is pretend I bought it today at $37.03, and see if that would have been a good move.
I don't trust any paper investments.
I have some, but I have no faith in them at all.
Users browsing this forum: No registered users and 24 guests