sharksm

The Brightest Stars in the Commodities Boom, Part Two

I love Monday morning quarterbacks. AFTER a huge hit to commodities, our "expert" posts the news to sell coal, etc. Commodities including coal are in a long term uptrend and this sharp correction will be followed with furrther upward momentum. I have been overweight in energy since 1999, and have seen these pullbacks before. While I am most bullish on natural gas ,oil is going to continue to go up in price as long as the rest of the world sucks it up. Asia is adding cars every day and hasn't the natural resources to fuel them. Disclosure: I own 27,000 shares of CHK and have large positions in COP, XTO, EP, WMB, XOM, OXY and numerous oil services as well as pipelines OKS, MWE, KMP, EEP & TPP and coal as well through BHP & NRP.

20 Guidelines for the Individual Investor

About the only think he forgot to say is "don't buy after they go chapter 11"

20 Guidelines for the Individual Investor

Just about the most useless example of advice I have had the misfortune to read. Filled with generalizations and names that have already have had good run. Advising to sell when an insider sells stock in most cases is not as meaningful as who the Insider is and how his annual pay is computed. Watching a CEO & Management buy is far more bullish than watching a director sell. Adice such as seal at a "peak" ridiculous, unless you have a ouija board, to tell you what the peak is. Successful Investors do not sell winners, but losers and let the winners run. I have a position in PM, MO & KFT that started 30 years ago with 1,000 shares and now is 20,000 MO, 20,000 PM & 13,000 KFT. When should I have sold? My dividends amount to over $75,000 a year, twive what I paid for the original position. What "peak" would he have had me sell at? I did the same with PG, JNJ, XOM, etc

An Alternative to America’s Gasoline Crisis

The fact of the matter is that there are 200,000,000 conventional cars in the U.S. that run on Gasoline and the owners cannot afford to junk them in favor of hydrogen, electric or other forms of power. What they must have is gasoline at lower prices. This will never happen, with this Congress and if Obama gets elected. More drilling and production and refining is necessary , and as long as the Democratic party is in the pocket of the pseudo greens, people betterv get used to $4.00 and $5.00 gas, just like the rest of the world has. France gets 90% of it's electricity from nuclear power, while we get 10%. Our cheapest form of power generation is coal, which we have huge quantitites of, but the Democrats hate coal as well as any other fossil fuel. They talk about wind and solar, which is all well and good, but anyone that figures a way to run a car with either of those will win a real Nobel prize, not the political joke Al Gore walked away with. Al Gore, with all his bullshit, perdsonally uses more energy than most small towns and more gasoline in his limo's and private plains than a fleet of cabs. I'm a twice wounded Korean War Vet, whose father was wounded in World War I and is turning in his grave seeing what America's youth has turned into. The Greatest Generation , that went to war gladly in 1941n when we are attacked at Pearl Harbor no longer exists. Our youth has turned into a bunch of self centered, spoiled sissys, that would no more defend this country than they would voluntarily give up their S.U.V.'s. They have about as much knowledge of economics as a sludge and think Obama's ideas of taking that from those who earned it and giving it to those who haven't is great. What a country!