Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 56.07

+2.6%

Jan 13 4:00 PM EST

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To: da_cheif™ who wrote (36491)	12/5/2008 12:46:07 PM
From: t2	Read Replies (2) of 207788

Exxon, Chevron etc... will be single digit stocks in a few years. Anyone else see this happening. Obama is going to aggressively push alternative energy through tax breaks so that he get rid of the other tax....sending money to oil nations mostly in hostile areas. Someone on cnbc (i think santelli) said that if you have to stimulate the economy do something big...the way Kennedy challenged the scientists to get to the moon. Maybe green energy is the challenge that is coming our way. I think it is...and that is the case for XOM, CVX to move to single digits in a few years. Great long term shorts....secular instead cyclical. That would be an easy trade,. imo. Just look elsewhere..whatever happened to Lucent/Nortels or cable companies.

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