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Strategies & Market Trends : Value Investing

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To: Grommit who wrote (19768)10/6/2004 5:39:29 PM
From: Jurgis Bekepuris   of 78741
 
Oil: if your predictions are true, long term oil futures maybe the way to go. They still predict $35 per barrell oil in 2010. nymex.com

If you assume oil price at $100, you make 3 to 1 in 6 years. This is about 25% annual compounding rate. If oil is at $60 in 2010, you make about 10% annually.

Unless I misunderstand futures hugely. Check your own expert.

Still have not moved on oil.

Jurgis
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