Frank,
Tentatively buying select energy stocks here. I believe there is a lot of possibilities to your 100 buck oil scenario, though I'm not even hinting at that as a target, OSX is holding it's 62-63 support level well. Market may be throwing the baby out with the bath water here with the energy stocks, investors are stunned indeed as VIX climbs to record levels!
Just a guess, could be wrong, but how far is the downside here, oil and ng have a limited downside, IMHO, for pete's sake we ARE talking military activities in the middle east ya know people! Enough bargains there in patch to make for a value stock Buffet type approach. Buy and hold getting to be very contrary here, so attractive to me on certain issues.
Speaking of which,
Holding gold positions! I am thinking of this as a hedge with a lot of possibilities, gold and energy!
Had a longer post on this last night, literally fell asleep in the preview stage of post and lost it, lol!
Best
Roebear |
