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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (123445)5/16/2008 9:43:51 AM
From: Sea OtterRead Replies (2) | Respond to of 306849
 
I'm seriously considering just putting all of my money into oil and walking away

Such has been my strategy. (Well, not 100% in oil, I am not that brave. But a hefty percentage that would make an investment advisor's eyes roll and say "you are not diversified!").

The world has made a turn IMHO. Cheap oil is in the rear view mirror and it's not coming back.

Still much denial about this. I heard Bush say the other day that the solution was to drill ANWR. LOL, I truly wonder what color the sky is on his planet. You could drill every wildlife refuge in the country and the best possible results would be something like a few weeks of national oil consumption.

Major forces are driving this market. And we're just one new ME war from making the current situation seem wonderfully easy.