• Ocean Man
    Reasons to buy the oil dip #2: A reaction to Iran sanctions by Iran or to Iran weapons by Israel or others is likely. Fear of this or hints
    5/6/12
    Reply (8)
    • Ocean Man: of this could cause minor moves up in oil, worse scenarios could cause major moves up in oil.
      5/6/12
    • Bob de'Long: Plenty oil production down or in jeoparty: Iran, Iraq, Bahrain, Yemen, Egypt, Libya, Sudan, Nigeria, and hurricane season
      5/6/12
    • Bob de'Long: Plus growing problems: Iran versus Saudi Arabia and UAE. Nothing is simple or predictable in oil supply.
      5/6/12
    • BTD70: Got my own reason also, if not to buy, at least not to sell. My first trades were a bunch of Blue Ocean stuff I panicked and sold......
      5/6/12
    • BTD70: .......during a dip, only to see it all very green 2 months later. "The market is an efficient tool for transferring money from the.....
      5/6/12
    • BTD70: .....impatient to the patient". Yup.
      5/6/12
    • vinyal: Lots of downside still in oil.
      5/7/12
    • neobliviscar: For what it matters, after exiting oil / oil stocks only a few days ago, I'm looking to buy a chunk of ESV, DO, and other Oils.
      5/7/12