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Non-Tech : Kirk's Market Thoughts

COHR 186.88

-1.1%

3:59 PM EST

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To: Jerome who wrote (2518)	1/2/2015 4:23:37 PM
From: Kirk ©	1 Recommendation Recommended By Jerome of 26888

Well, oil is definitely a better buy now than it was a year ago. almost a triple if it makes new highs someday... about 80% loss if it revisits 1999 lows... The only "civilian" that asked me about investing this holiday wanted to buy oil. I told her I'd prefer to not tell her because if she gets a futures account, tells mutual friends I told her about it, then she loses it all, I'll get blamed and if it returns to $150, she'll tell them how smart she is. Reminds me of the housing bubble when prices started to flatten out.... BTW, I waited until AFTER the housing bust and start of recovery and bought a lot of REITs in 2011 for my ROTH when I took profits on the tech stocks I bought in 2008 and 2009. I nearly have a double now... My guess is we'll get some sort of a buy for oil but I'm not convinced now is the time. I agree we'll eventually run short but I think Obama requiring cars to meet fuel economy targets was a good idea (write that down before you bash me again over politics!) even thought it makes them all more expensive.... I'd rather pay more for a car than pay for new legs and arms for service men and women who have to protect our interests in the ME....

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