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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: CommanderCricket who wrote (101343)5/21/2008 7:55:18 PM
From: Bearcatbob  Read Replies (2) | Respond to of 206101
 
Commander - the world cannot afford $130 oil!



To: CommanderCricket who wrote (101343)5/21/2008 7:56:17 PM
From: Bearcatbob  Read Replies (2) | Respond to of 206101
 
Commander - the world cannot afford $130 oil! This is going to end ugly. I see a day with oil down $20 - just like gold when it was over a thousand. We are now in the tulip mania phase of this run. Dug closed up today!



To: CommanderCricket who wrote (101343)5/21/2008 8:54:31 PM
From: Paul Kern  Read Replies (1) | Respond to of 206101
 
There is no crude bubble. The analogy with pets.com doesn't work.

This run has just started. Crude will trade lower occasionally but longer term, it's going much higher.

I'm that bullish!

I'm long term long energy but the question the comes to mind is:

Has demand really increased 30 per cent in two months?


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