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Gold/Mining/Energy : Canadian Rocket Red's Picks -- Ignore unavailable to you. Want to Upgrade?

To: lexi2004 who wrote (18680)	7/8/2008 11:16:33 AM
From: Texas77	Read Replies (1) \| Respond to of 19697

Lexi, Very interesting article about Mexico. One thing I think we do need to guard against is when they start to tell us how they are running out of oil everywhere we need to stay on our toes for a sharp correction. I don't think we are to that point yet but we are headed there. I remember the 70's setting in gas lines to get 5 gallons of gas and the odd / even day allocations with $1.25 gas. They were telling us then the world would probably run out of oil by the year 2000. What a crock. I don't expect to see prices much below where they are now ever again but I do expect another run up and a sharp pullback. It all depends on what price it takes to flatten out the Chinese demand IMHO. No doubt we are under the manipulation of big oil already and the China / India factor is the wild card they can't control (or can they?). I commute 55 miles one way with an inefficient car so this already hurts. I'm trying to move closer to work if one of these dag nab stocks will hit a 5 or 10 bagger for me! Or better yet - just retire (again I did once but some of Waynes stocks took me broke and I had to return to work)! LOL As soon as I can raise some cash I'll be long BQI.