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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: John Koligman who wrote (8470)3/18/2020 8:09:13 PM
From: berniel  Respond to of 26642
 
Saw where the swede minister of finance was talking about getting completely off fossil fuel,

He said their small country plan would take to 2045 to absorb all the cost and new infrastructure. So i don't think even the best laid Democratic plans. To weed America's dependence on fossil fuel will come to fruition in our lifetime.



To: John Koligman who wrote (8470)3/18/2020 8:39:16 PM
From: kimberley  Respond to of 26642
 
John, I've got a bunch of GUSH that I've traded in and out of so much that my cost is nil...just profit I left on the table. I look at them as an option that doesn't expire, in case there is some breakthrough between the Saudi's and Russians. I thought that might be imminent, but reading the history of the last time this happened didn't leave with a lot of hope for a quick resolution, but who knows. I know there is a lot of supply out there right now, and not a lot of demand. When demand does come back online, it's not going to make up for this period. That demand is lost forever now. I'll continue to watch this sector, but I think trading is all I'll do for the time being. Thanks for your thoughts on it...

Best,

Kim



To: John Koligman who wrote (8470)3/19/2020 11:28:51 AM
From: Kirk ©1 Recommendation

Recommended By
vixson

  Read Replies (1) | Respond to of 26642
 
II sentiment should be really low next week... but not too shabby even today. You have to remember my guess is most of the permabear newsletters went out of business so this survey tends to be the most bullish leaning of any I follow. It is called "survival bias."