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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Ramsey Su who wrote (43965)12/28/2003 1:22:05 PM
From: carranza2  Read Replies (1) | Respond to of 74559
 
like the idea of oil. How does one buy oil? oil drillers? xom, bp types?

One asks Mq since he sold it for a living before getting infected with the Q and Gigglestar bugs.

yes, it is much easier to either buy qcom or simply mirror Jay.

One also takes absolutely nothing--except Jay's wisdom [except in wine matters, where he is tastebud-challenged]--at face value.

Faber's interesting. I'm downloading his Jeremiad now. But one trusts no one since no one--except Jay, of course, who is financially omniscient--is perfect. Take a look at Faber's lessons on how to lose a shirt, actually an entire wardrobe: Short US stocks last June. I wonder how many poor slobs are covering now thanks to Faber.

gloomboomdoom.com

Hey, I just discovered Faber's site is weird. Can't directly link the article I refer to so if you wish to see his 6/03 "short US stocks" comment, go to the "Comments" section, then search the archives. Open the fourth article from the top.

gloomboomdoom.com

I tole ya, can't take anybody at face value, especially when they blunder.



To: Ramsey Su who wrote (43965)12/28/2003 8:43:12 PM
From: Maurice Winn  Respond to of 74559
 
Ramsey, if you want to buy oil, there is an unlimited amount of it, or fungible equivalents, available. There is coal, noocular, gas, maybe fusion one of these days [did you see the latest gadget they are going to build which will actually produce more power than it consumes?] Then there are photovoltaics, insulation, more efficient engines, fuel cells [for Segways]and lots of ways to skin a cat [which should not be eaten if it's civet type in China].

Oil [or equivalents] is so last-century. Nobody wants oil. They want insulation, transport, mind movement, none of which need oil.

But if you really want to buy oil, there are thousands of ways to do it. Watch out for those superconducting, maglev, flying, electronically controlled cars though. They don't need much oil at all to cover a lot of ground in a short time. Cyberspace doesn't need much either. Everyone should be at school, or work, but here they are on another sunny day, shoulder to shoulder, cheek by jowl, capturing each other's flags in cyberspace, sucking cyberspace.

Mqurice