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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: da_cheif™ who wrote (36491)12/5/2008 12:46:07 PM
From: t2  Read Replies (2) | Respond to of 207796
 
Exxon, Chevron etc... will be single digit stocks in a few years. Anyone else see this happening.

Obama is going to aggressively push alternative energy through tax breaks so that he get rid of the other tax....sending money to oil nations mostly in hostile areas.

Someone on cnbc (i think santelli) said that if you have to stimulate the economy do something big...the way Kennedy challenged the scientists to get to the moon. Maybe green energy is the challenge that is coming our way.

I think it is...and that is the case for XOM, CVX to move to single digits in a few years. Great long term shorts....secular instead cyclical. That would be an easy trade,. imo. Just look elsewhere..whatever happened to Lucent/Nortels or cable companies.



To: da_cheif™ who wrote (36491)12/5/2008 1:21:17 PM
From: bull_dozer  Read Replies (1) | Respond to of 207796
 
Thanks. Got the answer. <G>

kirklindstrom.blogspot.com

<quote>

Two investment newsletters rely heavily on the Bradley Siderograph and their returns are terrible. Mark Hulberts "Hulbert Financial Digest" reports in the "Long Term Performance Ratings through June 30, 2006" the following:

* "The Crawford Perspective" has an average annual return of only 4.9% since its 12/31/88 inception. If shorting is allowed, the returns are a negative 7.2% while a buy and hold of the Wilshire5000 over the same period yielded an average annual return of +11.5%!
* Peter Eliades' Stockmarket Cycles has an average annual return of only 4.7% since its 12/31/84 inception while a buy and hold of the Wilshire5000 over the same period yielded an average annual return of +12.4%!

<end_quote>

Conclusion: One could look at the beautiful stars and wonder what they are but one can not use them for trading. <G>