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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: JimisJim who wrote (21228)11/27/2014 8:16:37 PM
From: golfer72  Respond to of 34328
 
Sounds good but i always figure i will let the bottom be found with other peoples money.



To: JimisJim who wrote (21228)11/27/2014 9:19:35 PM
From: upanddown1 Recommendation

Recommended By
research1234

  Read Replies (1) | Respond to of 34328
 
Jim, take a look at the chart on this page.

eia.gov

Assuming the EIA numbers (two weeks old) are reasonably accurate, does that look like a big over-supply of crude to you?

Looks like markets are nicely in balance.

I tend to agree with you that this downturn may be short-lived since it sometimes appears that the big glut is little more than a media creation and a Wall St speculation story.



To: JimisJim who wrote (21228)11/28/2014 12:39:00 PM
From: deeno  Read Replies (1) | Respond to of 34328
 
I know its just an opinion, but in your view should there be a nice turnaround toward 80ish oil with a constructive view back to off shore drilling and eventual recovery of oil prices to 90, which 3 off shore drillers might you position as your pack leaders?