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


To: damainman who wrote (172656)12/19/2008 6:17:32 PM
From: Paul KernRespond to of 306849
 
Them small cap energy stocks are callin' me like Sirens and I may not be able to resist much longer but who has a whole port of nothing but oil and energy? I'd hate to get smashed on the rocks with no free cash...

If your time line is long - say a couple of years -- there are bargains like BPZ out there.



To: damainman who wrote (172656)12/19/2008 9:09:28 PM
From: energyplayRead Replies (1) | Respond to of 306849
 
The siren call of energy E&Ps : Plug up your ears with wax, and set a hard limit on % oil in your portfolio. Make that % amount something you can hold if oil goes to $25.

Oil is being stored in tankers because there is no place for it to go... and the world economy is still dropping.

What happens when the tankers all fill up ? Where the price of oil go then ?

You need much more negativity to survive a bear market. Read some gloom and doom stuff. Try to think sad thoughts. ;-)