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Greg Pinelli » Comments » ABB

  • Someone Has to Lend in 2009: Ideas to Profit [View article]
    #3 refers to Gold vs. all currencies..but I'll bite...Oil will rise
    against all currencies because the holders of this finite resource will do the math...it actually pays them long term to withhold what we want....time is on their side....
    When I write the things in my articles I ALWAYS do so from the perspective of an analyst. I'm NOT advocating that these are the best outcomes..I'm simply telling you that..from my perspective..these are the LIKELY outcomes. Investing is no different from going to Las Vegas..you can hit a jackpot and be smart enough to quit..or you can drink too much and feed the casinos...
    As for LINE and LGCY and other oil/gas plays I emphasize...My point is to shpw that at the end of the day you're far better off getting a very substantial distribution supported by a reliable cash flow. For those who are near retirement (5 yrs or less) aim at the distribution rate of your investments...you won't become hostage to the price...
    Jan 07 20:53 pm |Rating: 0 0 |Link to Comment
  • A Look Inside T. Boone Pickens' Portfolio [View article]
    Very interesting...the compilation of course. As usual there is no conclusion or direction..but then again, I suppose one chart is worth at least a few hundred words. Pickens is an icon..but his recent statements concerning oil and gas..are..from my view nothing more than off the cuff remarks by someone well past it...and only notable for their lack of support or reason. Look at his views in action! Pretty dismal.
    Feb 24 11:46 am |Rating: 0 0 |Link to Comment
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