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


To: dvdw© who wrote (65631)8/10/2011 11:57:35 AM
From: Fiscally Conservative  Read Replies (1) | Respond to of 207794
 
What about the stock market?
Any thoughts on where the S&P might be heade by 1st. qrt / 2012
? Appreciate your thoughts here



To: dvdw© who wrote (65631)8/10/2011 12:12:18 PM
From: kidl  Read Replies (2) | Respond to of 207794
 
>>>having said this, there are many very angry about the peak oil bust.....the oil market is a complex of malfeasance....not to often a general society truth, is exposed like this....one is....<<<

Can you put this into plain English?
Thanks



To: dvdw© who wrote (65631)8/11/2011 3:46:40 PM
From: AreWeThereYet  Read Replies (1) | Respond to of 207794
 
Interesting, you maybe right but I have a different view on fundamental. Do you expect US oil reserve will dramatically increase from 2% of world reserve to double digits in the near future? Even if it does, China has 4x pop than the States but consumption is only half. It has lots of room to increase. I am not even taking India into the equation here but you see my point. Do you think the oil supply will able to keep up? I hope it does.

As for price, I don't see the logic behind $10/bbl 20 years ago and almost $200/bbl just a few years ago. Manipulation is all I can think of.