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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Box-By-The-Riviera™ who wrote (46350)2/13/2009 9:04:48 PM
From: Roebear  Read Replies (1) | Respond to of 217709
 
Yes, I believe that oil will be a great buy, but it might take some time. Events of the last few years remind me ominously of the late 70's and early 80's so I expect some downtime, which we have had, for energy. But we are also so much farther along the peak oil road that I do not expect the downtime for energy to long outlast the general market malaise.

In plainer language, I expect energy to take off as soon as the market puts in a bottom and starts to recover. But thats just my opinion, I could be wrong.