SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: excardog who wrote (38105)1/4/2005 3:17:21 PM
From: jim_p  Read Replies (2) | Respond to of 206092
 
How much confidence do you have in the Saudis decreasing supply???

They have never been able to support prices for more than a short time period in the past when supply exceeds demand.

I feel the trend is still down for both oil and NG.

Weshallsee????

Jim



To: excardog who wrote (38105)1/4/2005 3:17:28 PM
From: CommanderCricket  Read Replies (1) | Respond to of 206092
 
I sold everything in my wife's and my 401k back in October knowing I would soon be able to role them over into IRA's.

You know what - cash stinks!

I've got close to $200k in one account paying out $175 a month. That's a negative return with inflation.

That's the problem with this market right now. What do you do with your cash?

I'm comfortable holding long term positions in energy and metals while trading around my core positions.

Hey look - MHR just went green for the day!

Michael