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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (74782)1/2/2008 1:34:54 PM
From: Eric  Respond to of 77400
 
OT

Well we finally broke through $100 bbl this morning. Now that we got that out of the way my wild guess is we will hit north of $125 per bbl sometime this year. If we have a hurricane it's a slam dunk. No hurricanes in the gulf affecting the American side of the gulf for two years now, so roll the dice for this coming hurricane season!

I had one of my best years ever last year in the Alternative energy sector. Up over 400% and looking for a good double this year. Been very fortunate.

It comes down to supply and demand. Even if the world economy slows down demand still continues to rise as more and more people climb the ladder. A friend of mine thinks we could break $200 bbl in the next three years. The Alternative stuff is always going to be expensive stock price wise and even more so as oil continues to rise.

Happy New Year to all...



To: RetiredNow who wrote (74782)1/2/2008 1:47:31 PM
From: Eric  Read Replies (3) | Respond to of 77400
 
GEX is the best "basket" in the alternative sector. I like all (and own some) of it's holdings.

If you want to discuss this stuff I'll post on the OT Cisco thread.