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Strategies & Market Trends : Rande Is . . . HOME

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To: Joe Lyddon who wrote (57493)	5/7/2008 6:31:29 PM
From: Rock_nj	of 57584

Thanks. Sometimes the writing on the wall is so obvious that you just can't ignore it. The writing was all over the wall late last summer and into the fall that an oil shortage was developing, and up goes the price. Simple supply and demand. I think it could go a lot higher before people start driving significantly less. Oil production is plateuing and demand for oil just keeps increasing all around the world. A natural bull market if there ever was one. At some point people will start switching to plug in hybrids and demand will fall, but until then I don't see a significant pullback in demand unless the economy really tanks. In the spirit of this thread, there are some great money making opps in companies that will benefit from this great exodous from the internal combustion engine to hydbrids or electrics such as battery makers and engine makers and eventually auto makers themselves once the rush to convert to newer technology takes hold. How about ENER and GM and F. Of course Toyota will be a big winner too. There will be a battery maker or some company that has the patent to the hybrid technology that will do really well.

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